Question: Mark makes PhP 12.000 a month plus some money by commission rates He gets 8% of everything he sells I Mark sold PhP60,000 worth of

Mark makes PhP 12.000 a month plus some money by commission rates He gets 8% of everything he sells I Mark sold PhP60,000 worth of items this month what is his salary for the month?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Gems Co. uses the indirect method to prepare its statement of cash flows. The following comparative statement of financial position for 2021 and 2022 are presented: At December 31 2022 2021 Property,...

The capstan-slide system of Figure CDP4.1uses a PD controller. Determine the necessary values of the gain constants of the PD controller so that the deadbeat response is achieved. Also, we want the...

You can buy each of the following items of information about an American call option for $10 apiece: PV (exercise price); exercise price; standard deviation square root of time to maturity; interest...

=+c) How does the upper limit compare to the upper limit in Exercise 7, part c? Chapter Exercises

The following transactions occurred during 2013 for the Beehive Honey Corporation: Feb. 1 Borrowed $12,000 from a bank and signed a note. Principal and interest at 10% will be paid on January 31,...

IN C++ Design a class named LinearEquation for a 2 2 system of linear equations: ed bf ad-be ax+by = e cx + dy=f ad bc The class contains: Private data fields a, b, c, d, e, and f. A constructor with...

Refer to the Flexible Insurance Coverage case. Design a spreadsheet that will allow an individual employee with estimated annual medical expenses of $400 to compare the total expenses under each...

Consider the following information on large-company stocks for a period of years. Series Arithmetic Mean Large-company stocks 13.9 % Small-company stocks 16.4 Long-term corporate bonds 6.2 Long-term...

Problem 1 (adapted) Abigail Corporation is a distributor of a sun umbrella used at resort hotels. Data concerning the next month's budget appear below: Selling Price P25 per unit Variable expense P15...

you have to choose from the give 4 optionsaccounts payableaccounts receivableadvertising expensecash Machinery and Equipment Repair Service is owned by William Giese. Use the above figures to prepare...

View Policies Current Attempt in Progress The current sections of Sunn Inc's balance sheets at December 31, 2021 and 2022, are presented here. Sunn's net income for 2022 was $153,000. Depreciation...

Two factories I and II produce phones for brand ABC. Factory I produces 60% of all ABC phones and Factory II produces 40%. 10% of the phones from Factory I are defective, and 20% of those produced by...

At the beginning of the year, Sandhill Company had total assets of $883,000 and total liabilities of $368,000. Answer the following questions. (a) If total assets increased $151,000 during the year...

y Saudents Cn 17/ thru 20 Help Seve&Exit Required informetion (The following information applies to the questions displayed below) Angle Max Industries produces a product which goes through two...

What is your opinion of advertising awards, such as the Cannes Lions, that are based solely on creativity? If you were a marketer looking for an agency, would you take these creative awards into...

How does stock price maximization benefit society?

How are interest rates used to allocate capital among firms?

What are derivatives, and how is their value related to that of an underlying asset?