1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
liberstina [14]
3 years ago
5

Joan sells new cars at a local dealership. she receives a 25% commission on the profit each car is sold for. last month she sold

9 cars, for a total of $8,870 dealer profit. how much did she earn in commission?
Business
1 answer:
Usimov [2.4K]3 years ago
6 0
Okay. So Joan receives 25% commission on the profits of the cars she sells. She got $8,870 on the profit last month. To find the commission, let’s multiply the amount of profit by the percentage. 8,870 * 0.25 is 2,217.5. There. Joan earned $2,217.50 in commission last month.
You might be interested in
1) You are considering purchasing a 20 year bond from Saudi Arabia. You have a required return
inessss [21]

Answer:

$812.20

Explanation:

Given the following bond characteristic:

Coupon rate = 12%

Market or yield rate = 15%

Years to maturity = 20 years

Face or par value = $1000

Inputting the values into a bond value calculator, the bond value output is : $812.20

This means that the sum of the present value of all likely coupon payment and par at maturity. It is simply the present value of all cash streams it is projected to generate.

6 0
2 years ago
The business earns $700 of consulting revenue. How would these earnings affect the total equity of a business?a. Liabilities are
Sliva [168]

Answer:

d. Revenues increase, so total equity is increased.

Explanation:

Consulting Revenue of $700 will increase the total revenue of the business and total equity of the business as the revenue will increase the net profit which will ultimately be added to the equity balance. Increase in revenue will result in increase in equity and Increase in expenses will decrease the equity.

3 0
2 years ago
Read 2 more answers
Suppose that in a month the price of movie rentals decreases from​ $3.25 to​ $3. At the same​ time, the quantity of movie rental
Sergeeva-Olga [200]

Answer:

The correct answer is option a.

Explanation:

The initial price of movie rentals is $3.25.

The initial quantity is 100.

The price falls to $3.

This causes demand to rise to 120.

The price elasticity of demand a ratio of change in quantity demanded to change in price level.

The elasticity is calculated at -2.25, through the process given in images.

The price elasticity of demand here is greater than 1 which means it is elastic.

So, option a is the correct answer.

4 0
2 years ago
Rachel wants to display jewelry in her store window in a way that will attract customers. She wants the display to complement an
crimeas [40]
The answer is D because with a light background it would be more easier to see and more attractive
5 0
3 years ago
Read 2 more answers
Compare and contrast the penalties in a civil and criminal trial.
Vladimir79 [104]

Answer: Compare and contrast the penalties in a civil and criminal trial. In a criminal trial, a defendant can be sentenced to jail time, can be fined, and can be forced to undergo some treatment or remedy. In a civil trial, a defendant can be assessed damages and can be coerced to follow through on an agreement.

Explanation: HOPE IT HELPS :)

6 0
3 years ago
Read 2 more answers
Other questions:
  • Micah is an exchange student from the U.S. living in Japan. He wants to buy a new-release movie for 2,000 Japanese yen. When he
    11·2 answers
  • How are credit unions similar to banks? A. They both seek to make a profit. B. They both give out loans. C. They're both owned b
    15·1 answer
  • Stephen (an HIM coding manager) has been tracking Gina’s coding productivity and quality over the past several months. Gina has
    12·1 answer
  • The Whole Foods chain of supermarkets has stated, "With great courage, integrity, and love, we embrace our responsibility to co-
    6·1 answer
  • A friend comes to you and asks you to invest in his business instead of investing in Treasury bonds. You think he has a good bus
    9·1 answer
  • Aspen Ore purchased a vein of coal ore for $5,300,000. It is estimated that 32,000,000 tons of ore are available to be extracted
    6·1 answer
  • 4. The three NIMS guiding principles are:
    13·1 answer
  • While eating at Alex’s "Pizza by the Slice" restaurant, Clara experiences diminishing marginal utility. She received 10 utils fr
    13·1 answer
  • What is the cost driver for rent expense? ​
    7·1 answer
  • Flightline, the 4-year-old colt, was the talk of breeders’ cup weekend. How much is the horse, undefeated in six career starts,
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!