Glen has a job selling magazine subscriptions by phone. He makes a base salary of $12.60 per

Question:

Glen has a job selling magazine subscriptions by phone. He makes a base salary of $12.60 per hour plus 5% commission on all sales. Last week, Glen worked 35 hours and sold $230 worth of subscriptions. What was his gross pay for the week?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For answer-question

Financial Algebra Advanced Algebra With Financial Applications

ISBN: 9781337271790

2nd Edition

Authors: Robert Gerver, Richard J. Sgroi

See More Books

Question Posted: Sep 15, 2022 01:13 AM

See More Questions

Ahmad Furniture Manufacturing Company Ltd was established during 2010 with an authorized capital of 200,000 Common Stock of Rs. 100 each. The company issued 100,000 Common Stocks to the public at the...
Bri Company's gross pay for the week ended August 22 totalled $70,000, from which $3,330 was deducted for CPP, $1,281 for EI, and $19,360 for income tax. Prepare the entries to record (a) The...
Isabell's gross Pay for the week is $850. Her deduction for the federal income tax is based on a rate of 20%. Prior to this paycheck her YTD was $90,000. Virginia state tax rate is 5.75%. What is the...
Asset allocation explains a large portion of a portfolio return. However, the implementation issues involved inthe asset allocation process may reduce the efficiency of the asset allocation strategy,...
An analyst is interested in testing whether four populations have equal means. The following sample data have been collected from populations that are assumed to be normally distributed with equal...
Assume Purity Ice Cream Company, Inc., in Ithaca, NY, bought a new ice cream production kit (pasteurizer/homogenizer, cooler, aging vat, freezer, and filling machine) at the beginning of the year at...
Identify and describe the key attributes that might mitigate a red flag, suggesting that no bad act or compliance issues exist.
Following are some of the tests of controls and substantive tests of transactions procedures often performed in the payroll and personnel cycle. (Each procedure is to be done on a sample basis.) 1....
An l-regular graph, l 1, is a simple graph where all of its vertices have degree l. The union of two simple graphs G G U G2 = (V U V2, E1 U E2). = (V1, E1) and G2 = (V2, E2), is the simple graph Two...
TQ 5G and Edge Computing 1- a retailer is able to track which products draw the most attention from its customers through the use of 5g-enabled motion sensors placed around the store. with this...
In 2011, the Social Security tax rate was lowered to 4.2% to help stimulate the economy. The government figured that if people paid less taxes they would have more money to buy goods and services....
At Richardson Manufacturing Company, there are two factors that determine the cost of health care. If an employee makes less than $55,000 per year, he pays $60 per month for individual coverage and...
Show that Equation 4-19 for the radius of the first Bohr orbit and Equation 4-20 for the magnitude of the lowest energy for the hydrogen atom can be written as where c = h/mc is the Compton...
Assume Evco, Inc., has a current price of $64 and will pay a $2.15 dividend in one year, and its equity cost of capital is 11%. What price must you expect it to sell for immediately after paying the...
Suppose Acap Corporation will pay a dividend of $2.72 per share at the end of this year and $2.99 per share next year. You expect Acaps stock price to be $53.72 in two years. If Acaps equity cost of...
Suppose Amazon.com Inc. pays no dividends but spent $1.88 billion on share repurchases last year. If Amazons equity cost of capital is 8.1 %, and if the amount spent on repurchases is expected to...
Label each of the following statements true, false, or uncertain. Explain briefly. a. Output growth was negative in both advanced as well as emerging and developing countries in 2009. b. World output...
Colgate-Palmolive Company has just paid an annual dividend of $1.50. Analysts are predicting dividends to grow by $0.12 per year over the next five years. After then, Colgates earnings are expected...
a. Hose plc presently has a capital structure which is 30 per cent debt and 70 per cent equity. The cost of debt (i.e. borrowings) before tax shield benefits is 9 per cent and that for equity is 15...
The registrar of a college with a population of N = 4,000 full-time students is asked by the president to conduct a survey to measure satisfaction with the quality of life on campus. The following...
Frequently, tests that yield abnormal results are repeated for confirmation. What is the probability that for a normal person a test will be at least 1.5 times as high as the upper limit of normal on...
Suppose that in a pharmacologic study involving 6000 patients, 75 patients have blood-glucose levels at least 1.5 times the upper limit of normal on one occasion. What is the probability that this...
Suppose a change of 0.30 mg/dL in serum levels is proposed as a test criterion for compliance; that is, a patient who shows a change of ¥ 0.30 mg/dL is considered a compliant vitamin E taker. If...
How do habitat fragmentation and anthropogenic activities impact species divergence and the formation of new species?
How should the board or various board members (chair, committee heads, etc.) convince a CEO who is resistant to discussions regarding succession planning for the CEO position? How can the board craft...
A student team is asked to draw comparisons between how governments differ in their supervisory roles over their county's health care infrastructure. How would the U.S. supervision over the U.S....

Glen has a job selling magazine subscriptions by phone. He makes a base salary of $12.60 per

Question:

Step by Step Answer:

The basic salary In 1 hour he earns1260 In 3...View the full answer

Financial Algebra Advanced Algebra With Financial Applications

Students also viewed these Mathematics questions