The vise president of marketing and director of human resourses have proposed the company change its comensation
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Question:
The vise president of marketing and director of human resourses have proposed the company change its comensation of the sales force to a commission basis rather than paying fixed salary. Given the extra incentive ,they expect sales to increase by 15%. they estimate that gross profit increase by 27000, operating expenses by 13500 , and income tax expense by 2700. Non operating expenses is not expected to change. Calculate the expected new gross profit and net income Amounts)
Related Book For
Financial Accounting Tools for Business Decision Making
ISBN: 978-1118024492
5th Canadian edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso, Barbara Trenholm, Wayne Irvine
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