Wilsons commission for March was $2036.88. If his rate of commission is 11.25% of net sales, and
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 71% (7 reviews)
Net sales CommissionRate 2036...View the full answer
Answered By
JAPHETH KOGEI
Hi there. I'm here to assist you to score the highest marks on your assignments and homework. My areas of specialisation are:
Auditing, Financial Accounting, Macroeconomics, Monetary-economics, Business-administration, Advanced-accounting, Corporate Finance, Professional-accounting-ethics, Corporate governance, Financial-risk-analysis, Financial-budgeting, Corporate-social-responsibility, Statistics, Business management, logic, Critical thinking,
So, I look forward to helping you solve your academic problem.
I enjoy teaching and tutoring university and high school students. During my free time, I also read books on motivation, leadership, comedy, emotional intelligence, critical thinking, nature, human nature, innovation, persuasion, performance, negotiations, goals, power, time management, wealth, debates, sales, and finance. Additionally, I am a panellist on an FM radio program on Sunday mornings where we discuss current affairs.
I travel three times a year either to the USA, Europe and around Africa.
As a university student in the USA, I enjoyed interacting with people from different cultures and ethnic groups. Together with friends, we travelled widely in the USA and in Europe (UK, France, Denmark, Germany, Turkey, etc).
So, I look forward to tutoring you. I believe that it will be exciting to meet them.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Contemporary Business Mathematics with Canadian Applications
ISBN: 978-0133052312
10th edition
Authors: S. A. Hummelbrunner, Kelly Halliday, K. Suzanne Coombs
Question Posted:
Students also viewed these Finance questions
-
Mannys commission was $1590.90 on gross sales of $31 240.00. If returns and allowances were 3% of gross sales, what is his rate of commission based on net sales?
-
Costa earned a gross commission of $2101.05 during July. What were his sales if his rate of commission is 10.5% of net sales and sales returns and allowances for the month were 8% of his gross sales?
-
For the fiscal year, sales were $8,135,000, sales discounts were $795,000, sales returns and allowances were $475,000, and the cost of merchandise sold was $5,100,000. a. What was the amount of net...
-
Silverago Incorporated, an international metals company, reported a loss on the sale of equipment of $2 million in 2010. In addition, the companys income statement shows depreciation expense of $8...
-
What is a mat release? How is it different from a regular news release?
-
a. How much energy in joules is required to move a charge of 12 mC through a difference in potential of 6 V? b. For part (a), find the energy in electron volts.
-
Calculate \(r\) for the air velocities and evaporation coefficients of Example 2. Also, assuming that the necessary assumptions can be met, test the null hypothesis \(ho=0\) against the alternative...
-
Read and brief the following cases: a. Willie Nelson Music Co., 85 T. C. 914 b. Independent Contracts, Inc., 73 AFTR2d 94-1406
-
The Center of Mass of an empty 1500 kg car is 2.50 m behind the front of the car. How far from the front of the car will the Center of Mass be when two people sit in the front seat 2.65 m from the...
-
A Carnot refrigerator operates in a room in which the temperature is 22C and consumes 2 kW of power when operating. If the food compartment of the refrigerator is to be maintained at 3C, determine...
-
For last week, Tonys gross earnings were $566.25. He earns a base salary of $450 on a weekly quota of $5000. If his sales for the week were $6550, what is his com- mission rate?
-
Debra had gross earnings of $637.50 for the week. If she receives a base salary of $464 on a quota of $4800 and a commission of 8.75% on sales exceeding the quota, what were Debras sales for the week?
-
Consider a w-N weight suspended by two wires as shown in the accompanying figure. If the magnitude of vector F 2 is 100 N, find w and the magnitude of vector F 1 . 40 F W 35 F I
-
2) Write a program to add all the odd numbers between 1 and 100 using while loop. Submit your (30 pts) C++ program code along with screenshots. /* Hint: You can check a number whether odd or even...
-
On January 1, 2023, ABC Corporation issued an 8% annual coupon bond. Each unit of the bonds has $1,000 par value and the bond will mature on January 1, 2048. Suppose you bought 1 unit of ABC bonds at...
-
Draw a Helicopter Draw a helicopter using the shapes that have been taught to you in the class. Figure 1 demonstrates the sample object. To complete Q1 your sketch should meet the following criteria:...
-
Johns company transfers him to a branch in a new city and state. Johns new coworkers are welcoming; they seem interested in him and ask for his opinions and suggestions. Although they are actively...
-
You have an empty glass jar and another equal massed jar filled with yummy Dutchway peanut butter. They are started to roll down an incline at the same time.Which one reached the botom of the incline...
-
Provide one specific example of how a government unit or agency could use the Web to operate more efficiently or service its constituents better.
-
Recall that Chapter 8 described the binary search algorithm for finding a particular entry in an ordered list. The idea behind binary search is to begin looking in the exact center of the list. If...
-
At what rate of interest will $1500 grow to $1562.04 from June 1, 2018, to December 1, 2018?
-
Compute the maturity value for a four-month, 5.25% promissory note for $620 issued May 25, 2019.
-
Compute the maturity value for a $350 promissory note issued on October 30, 2018, at 4.5% for 90 days.
-
Larkspur Company sells discounted shoes to the fashion-oriented consumer. The following schedule relates to the company's inventory for the month of March: Cost Sales March 1 Beginning inventory...
-
American X wishes to borrow U.S. dollars at a fixed rate of interest. Corporation Y wishes to borrow Japanese Yen at a fixed rate of interest. The amounts required by the two companies are the same...
-
Bunga Raya Kuning Berhad is a Malaysian-based MNC that obtains 12 percent of its supplies from the U.K. manufacturers. Sixty-five percent of its revenues are from due to exports to U.K. where its...
Study smarter with the SolutionInn App