Cambridge Companys president receives a $150,000 base salary and a bonus of 0.5% of sales for the

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Cambridge Company’s president receives a $150,000 base salary and a bonus of 0.5% of sales for the year. How much will the president earn at a sales level of $3,000,000 for the year?


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Accounting concepts and applications

ISBN: 978-0538745482

11th Edition

Authors: Albrecht Stice, Stice Swain

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