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Pavlova-9 [17]
2 years ago
7

Joan sells new cars at a local dealership. she receives 15% commission on profit each car is sold for . last week she sold 9 car

s for total of $10,870 dealer profit how much did she earn in commission
Business
1 answer:
Serggg [28]2 years ago
3 0

Calculation of Commission earned:


We are given that Joan sells new cars at a local dealership and she receives a 15% commission on profit.

So we can say that :

Commission earned = 15% * Total profit  

Last week she sold 9 cars for the total of $10,870 dealer profit

Hence Commission earned shall be calculated as follows:

Commission earned = 15% * Total profit  


Commission earned = 15% * 10870 = $1,630.50


Hence, the Commission earned by Joan is <u>$1,630.50</u>



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Answer:

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This organelle is also called a plastid .

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When asked why she participated with other students in a protest against treatment of women on her campus, Kai says that all hum
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The correct answer is A. postconventional.

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7 0
3 years ago
A company purchased land for $82,000 cash. Commissions of $8,000, property taxes of $8,500, and title insurance of $2,200 were a
AleksAgata [21]

Answer:

the amount that company should record the land is $97,600

Explanation:

The computation of the amount that company should record the land is shown below:

The Amount should be recorded for land is

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= $82,000 + $8,000 + $5,400 + $2,200

= $97,600

hence, the amount that company should record the land is $97,600

7 0
3 years ago
If the government sets a price floor of $5 per bushel, ____ bushels of corn are produced, of which ___ are purchased by consumer
11Alexandr11 [23.1K]

Answer: If the government sets a price floor of $5 per bushel, Say 1000 bushels of corn are produced, of which 300 bushels are purchased by consumers, and 700 bushels by the government. The program costs the government $3500. Farmers receive $5000 in total revenue.

Explanation: A price floor is a legitimate minimum value that the government sets on a product in the market, usually to protect the suppliers/farmers. Using the ballpark values as in the answer, to estimate and explain the concept of a price floor:  

Say total quantity produced is 1000 bushels of corn from which the Market demands 300 bushels. Given that the government has set a price floor at $5 per bushel; then the Government has to buy the surplus bushels of corn in the market from the farmers.  

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1000 bushels – 300 bushels = 700 surplus bushels of corn to be purchased at $5 each by the government

Therefore: It would cost the government (700 bushels x $5 =) $3,500 to mop up the surplus in the market and pay the farmers. The 300 bushels purchased by consumers would yield (300 x $5 =) $1,500 in earnings for the farmers. Total earning by the farmers = $3500 (from the government) and $1500 from consumers) = $5000.

I hope this helps to understand the concept of price floors.

5 0
3 years ago
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