Dan receives $375 per week for selling new and used cars at a car dealership in Oak
Question:
Dan receives $375 per week for selling new and used cars at a car dealership in Oak Lawn, Illinois. In addition, he receives 5% of the profit on any sales that he generates. Write a linear equation that represents Dan’s weekly salary S when he has sales that generate a profit of x dollars.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 61% (13 reviews)
Let x profit in dollars ...View the full answer
Answered By
Utsab mitra
I have the expertise to deliver these subjects to college and higher-level students. The services would involve only solving assignments, homework help, and others.
I have experience in delivering these subjects for the last 6 years on a freelancing basis in different companies around the globe. I am CMA certified and CGMA UK. I have professional experience of 18 years in the industry involved in the manufacturing company and IT implementation experience of over 12 years.
I have delivered this help to students effortlessly, which is essential to give the students a good grade in their studies.
3.50+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Mathematics questions
-
Use the following information. Sales representatives at a car dealership were split into two groups. One group used an aggressive approach to sell a customer a new automobile. The other group used a...
-
Use the following information. Sales representatives at a car dealership were split into two groups. One group used an aggressive approach to sell a customer a new automobile. The other group used a...
-
Use the following information. Sales representatives at a car dealership were split into two groups. One group used an aggressive approach to sell a customer a new automobile. The other group used a...
-
A supplier has the following financial information available: Cash: $100,000 Current Assets: $1,000,000 Fixed Assets: $1,000,000 Total Assets: $2,000,000 Current Liabilities: $500,000 Total...
-
When using the data from Exercise 1 to test for goodness-of-fit with the distribution described by Benford's law, identify the null and alternative hypotheses. Data From Exercise 1 Leading Digit...
-
Yeng and Sons Ltd prepares financial statements to 31 May each year. On 25 January 2018, the company classifies a disposal group as held for sale. This disposal group is eventually sold in August...
-
Water is flowing in a pipe of diameter \(20 \mathrm{~cm}\) with a pressure gradient of \(3000 \mathrm{~Pa} / \mathrm{m} . \mu=\) \(0.001 \mathrm{~Pa} \cdot \mathrm{s}\). Find the wall shear stress....
-
Greg Stock is attempting to monitor a filling process that has an overall average of 705 cc. The average range is 6 cc. If you use a sample size of 10, what are the upper and lower control limits for...
-
7- Suppose that you are editing a file that contains the following paragraph and the cursor is on the second tilde (~): The vim editor has a command, tilde (~), that changes lowercase letters to...
-
The following is Edge Sports Repair Shop's trial balance at September 30, 2014, the company's fiscal year end: Additional information: 1. Service revenue earned but not recorded at September 30,...
-
Florida Power & Light Company supplies electricity to residential customers for a monthly customer charge of $5.69 plus 8.48 cents per kilowatt-hour for up to 1000 kilowatt-hours. (a) Write a linear...
-
The fixed costs of operating a business are the costs incurred regardless of the level of production. Fixed costs include rent, fixed salaries, and costs of leasing machinery.The variable costs of...
-
Draw a schematic of an AVL tree such that a single remove operation could require (logn) trinode restructurings (or rotations) from a leaf to the root in order to restore the height-balance property.
-
Why does a change in the real interest rate shift the aggregate expenditure line in the 45-line diagram but not shift the IS curve?
-
In a column in the Wall Street Journal, Michael Bordo, an economist at Rutgers University, argues that the slow recovery from the 20072009 recession: can largely be attributed to the unprecedented...
-
An article in the Economist magazine observes: When inflation rises, for instance, bondholders will expect a higher nominal interest rate on new debt. Briefly explain whether you agree with this...
-
In a blog on the Economist web site, correspondent Matt Yglesias makes the following statement: [We] need to note that rising oil prices represent both demand shocks and supply shocks to the American...
-
Writing in the New York Times in August 2012, Christina Romer, former chair of the Presidents Council of Economic Advisers, argued that: The academic literature shows that monetary policy can be very...
-
The following transactions were carried out during the month of May by Hagen and Associates, a firm of design architects. For each of the five transactions, state whether the transaction represented...
-
1. Use these cost, revenue, and probability estimates along with the decision tree to identify the best decision strategy for Trendy's Pies. 2. Suppose that Trendy is concerned about her probability...
-
Determine whether the random variable is discrete or continuous. In each case, state the possible values of the random variable. (a) The number of days with measurable rainfall in Honolulu, Hawaii,...
-
Determine whether the distribution is a discrete probability distribution. If not, state why. (a) x .... P(x) 0 .... 0.324 1 .... 0.121 2 .... 0.247 3 .... 0.206 4 .... 0.102 (b) x .... P(x) 0 .......
-
At the Wimbledon Tennis Championship, to win a match in mens singles a player must win the best of ve sets. The following data represent the number of sets played, X, in the mens singles nal match...
-
Mark has the following utility function: U = ln(w) where w denotes the wealth. Mark has the chance to play in the following lottery: with probability 0.58 the lottery gives $43,750 and with the...
-
DynCorp's FCFF is expected to be $600 million. The firm's interest expense is $80 million. The net debt of the firm decreases by $40 million. The tax rate is 35%. What are the FCFE, the market value...
-
I will invest $500,000 in a property and anticipate the following cash flows (assume they occur at the end of each period to make things simple): Cash Flow year 1: $90,000 Cash Flow year 2: $95,000...
Study smarter with the SolutionInn App