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miv72 [106K]
3 years ago
5

"The Price King Auto Mall pays their sales staff by commission. They are paid a percent of the profit the dealership makes on ea

ch sold car. If the profit is $900 or less, the commission rate is 18%. If the profit is great than $900 and less than or equal to $1,500, the commission rate is 20% of the profit. If the profit is higher than $1,500, the rate is 25% of the profit. Jared sold a car that made a profit of $2500. What is the amount of commission he will receive
Business
1 answer:
Mandarinka [93]3 years ago
4 0

Answer:

$625

Explanation:

He made a profit of $2500 which is greater than $1500, so he would earn a 25% commmision

25% of $2500 = $625

I hope my answer helps you

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Productivity is output multiplied by worker hours. <br><br> a. True <br><br> b. False
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Answer:

Explanation:true cause more workers more production

3 0
4 years ago
Alex left his position as a manager for Macy's after two years. He complained of being burned out from having to fulfill too man
devlian [24]

<em>Answer:</em>

<em>d. delegation.     </em>

<em>Explanation:</em>

<em>Delegation: </em><em>In management, delegation is described as any of the assignment related to an authority figure that is being given to another individual, for example, a task or assignment given by a manager to his or her subordinate to lead a few specific activities. Delegation is determined as one of the different concepts related to "management leadership". Therefore, an individual who is being delegated a specific work tends to remains "accountable" for the output of the "delegated work".</em>

<em>As per the question, Alex probably never learned to use the tool of delegation.</em>

4 0
3 years ago
Dhaliwal Digital categorizes its accounts receivable into three age groups for purposes of estimating its allowance for uncollec
inysia [295]

Answer:

1. Estimate the appropriate 12/31/2021 balance for Dhaliwal’s allowance for uncollectible accounts.

$19,905 credit balance

2. What journal entry should Dhaliwal record to adjust its allowance for uncollectible accounts?

December 31, 202x, adjustment of bad debt expense

Dr Bad debt expense 45,605

    Cr Allowance for uncollectible accounts 45,605

= $19,905 + $25,700 = $45,605

Explanation:

Accounts not yet due = $104,000; estimated uncollectible = 15%. ⇒ bad debt = $104,000 x 15% = $15,600

Accounts 1–45 days past due = $14,400; estimated uncollectible = 20%. bad debt = $14,400 x 20% = $2,880

Accounts more than 45 days past due = $5,700; estimated uncollectible = 25%. bad debt = $5,700 x 25% = $1,425

total bad debt expense = $15,600 + $2,880 + $1,425 = $19,905

7 0
3 years ago
Xavier and Shawn are co-owners of a party-planning business. They split all of the profits 50-50 and are able to make decisions
pshichka [43]

In this instance, Xavier and Shawn are general partners. In this arrangement, all partners are equally responsible for the business, meaning they are both liable for any financial loss. LLC would protect their personal assets from this type of claim. Obviously, this isn't a sole proprietorship because there is more than one owner.

5 0
3 years ago
Read 2 more answers
The elasticity coefficient is determined by looking at the percentage change in quantity divided by the percentage change in pri
krok68 [10]

Answer:

Elasticity coefficient = 0.5

Explanation:

Elasticity coefficient = percentage change in quantity demanded / percentage change in price

percentage change in price if gasoline = 20%

percentage change in quantity demanded = 10%

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= 10% / 20%

= 1/2

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Elasticity coefficient = 0.5

5 0
3 years ago
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