A ________ refers to a line of credit that is guaranteed by the bank

Fiona, a regional sales manager, works from her office in State U. Her region includes several states, as indicated in the sales

son4ous [18]

Answer:

Payroll factor State U:

commissions $50,000
fringe benefit package $15,000

Explanation:

State Sales Generated Fiona’s Time Spent There

U $3,000,000 20%

V $4,000,000 50%

X $8,000,000 30%

Sales percentage generated in state U = $3,000,000 / $15,000,000 = 20%

so 20% of the $250,000 commissions should be assigned to state U = $50,000

Time spent in state U = 20% x $75,000 fringe benefits = $15,000 assigned to state U

8 0

2 years ago

Spirit airlines competes as an ultra-low-cost carrier (ulcc), and does so by "unbundling" extra services from its basic fare. as

MariettaO [177]

It should be on google

4 0

2 years ago

Which statement BEST describes costs typically associated with policies for auto, health, and property insurance?

Ahat [919]

The answer is: A) As deductibles decrease, policy costs tend to increase.

Deductibles refers to the amount of money that the insured had to pay before receiving benefit from the insurance company. If you sign a contract with lower deductibles, the amount of money usually would be allocated to the policy cost that you have to pay each months.

6 0

2 years ago

Read 2 more answers

After all of the account balances have been extended to the Balance Sheet columns of the end-of-period spreadsheet, the totals o

SOVA2 [1]

Answer:

This indicates that

d.the company has a net loss of $9,575 for the period.

Explanation:

a) Data and Calculations:

Total debits of the balance sheet (assets) = $28,480

Total credits of the balance sheet (liabilities + equity) = $38,055

Difference (net loss) = $9,575 ($38,055 - $28,480)

b) With the determination of the net loss of $9,575, the two sides (debits and credits) of the balance sheet will equal. This is because the net loss of $9,575 will reduce the credits from $38,055 to $28,480.

5 0

2 years ago

A corporation is issuing 5,000,000 shares of stock at a public offering price of $13 per share. The manager of the underwriting

pentagon [3]

Answer:

$12.20 per share for a total of $61,000,000

Explanation:

Calculation to determine how much will the managing underwriter's fee will total:

First step is to calculate the underwriting risk. Amount

Underwriting risk=($0.65 - $0.40)

Underwriting risk=$0.25

Second step is to calculate The total spread is

Total spread=($0.15+ $0.25 +$0.40 )

Total spread=$0.80

Now let determine the amount The issuer will receive and the Total

Amount received = ($13.00 - $0.80)

Amount received=$12.20 per share

Total= ($12.20 x 5,000,000 shares)

Total = $61,000,000

Therefore When the issue is completely sold, the managing underwriter's fee will total:$12.20 per share for a total of $61,000,000

8 0

2 years ago