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LenaWriter [7]
3 years ago
14

Robert Bryan, Jr., earns $400 per week plus 3% of sales in excess of $7,000. If Robert sells $21,000, how much are his weekly ea

rnings?
A. $765
B. $780
C. $620
D. $820
Business
2 answers:
egoroff_w [7]3 years ago
6 0
The answer is D. You do 21000-7000=14000. This is the excess that he earns 3% on. Then you multiply 14000 by .03 and you should get 420. Add 420 to his original 400 for a total of 820.
Nataliya [291]3 years ago
4 0

Robert Bryan, Jr., earns $400 per week plus 3% of sales in excess of $7,000. If Robert sells $21,000, how much are his weekly earnings?

If Robert receives 3% of sales over $7,000 subtract that amount from his sales to find out what amount he can earn commission off of first.

$21,000 - $7,000 = $14,000

Next, take the amount he can earn commission on and multiply it by 3%:

14,000 x 3% = $420

The final step is to add his weekly commissions to his weekly earnings of $400:

$420 + $400 = $820

$820 is Roberts weekly earnings.

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Based on financial analysis, the importance of thoroughly checking your SAR is that "possessing an accurate SAR gives individuals the high tendency of earning a financial aid award."

Generally, the financial aid awards depend on the accurate details given in the SAR report.

However, should there be an error in the SAR report, here is the step you can take:

Either you correct or update your Free Application for Federal Student Aid, often referred to as FAFSA form.

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2 years ago
Two examples of generally accepted accounting principles are:
tresset_1 [31]
The answer to this question is: <span> accounting for leases and accounting for fair value assets
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8 0
3 years ago
Dividends Paid and Dividends in Arrears The Glendora Company has 200,000 shares of cumulative, five percent, $100 par value pref
Ierofanga [76]

Answer:

Dividend in arrears $ 1,000,000

Total Dividend       $ 2,000,000  

Explanation:

The dividend at 5% of $100 par value is $5 per unit of shares. Recall, each unit of the preference shares has a par value of $100

Dividend calculation = $5 multiplied by the total unit of shares

previous year shares dividend is 5 x 200, 000 unit of shares = $ 1,000,000

This year total dividend payout will be current year of $1,000,000 plus previous year of $1,000,000 = $2,000,000

7 0
3 years ago
Read 2 more answers
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3 years ago
Sandy Kupchack just graduated from State University with a bachelor’s degree in history. During her four years at the university
Klio2033 [76]

Answer: $611.57 or $612 rounded to nearest dollar.

Explanation:

She would have to make a constant payment per quarter which makes it an annuity.

The $10,000 is the present value of the annuity.

The quarters remaining are = 5 years * 4 = 20 quarters

Quarterly interest = 8%/4 = 2%

10,000 = Annuity * Present Value of Annuity factor, 20 periods, 2%

10,000 = Annuity * 16.3514

Annuity = 10,000/16.3514

= $611.57

6 0
3 years ago
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