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yan [13]
3 years ago
5

The annual commissions per salesperson employed by a manufacturer of light machinery averaged $40,000 with a standard deviation

of $5,000. What percent of the sales persons earn between $32,000 and $42,000?
Business
1 answer:
makvit [3.9K]3 years ago
6 0

Answer:

60.06%

Explanation:

For each of the amounts first of all we get the z values.

For $32,000 z= (Amount - Mean)/Standard deviation

z= (32,000- 40,000)/5,000= -1.6

For $42,000, z= (42,000- 40,000)/5,000

z= 0.4

Using probability tables to find the proportion of commission between 0.4 and -1.6, we will need to add 0.4452 and 0.1554.

This gives 0.6006= 60.06%

So the salesperson earns 60.06% commission between $32,000 and $42,000.

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3 years ago
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Kevin's boat was wrecked by hurricane Harvey (a federally declared natural disaster). Damage to the boat was estimated at $30,00
SVEN [57.7K]

Answer:

A) $4,900

Explanation:

Options are: <em>"A) $4,900 B) $5,000 C) $9,900 D) $14,900"</em>

<em></em>

Particulars                                       Amount

Original cost                                    $25,000

Damage                                           $30,000

Lower of the two is                        $25,000

Less: Insurance reimbursement    <u>$15,000</u>

Actual loss                                       $10,000

Less: Deduction                               $100

Less: 10% of AGI (10% of 50,000)   <u>$5,000 </u>

Final Deduction                               <u>$4,900</u>

Note: Flat $100 is deducted from this amount and also 10% of AGI, i.e 10% of $50,000 is deducted to finally arrive at the deduction.

6 0
3 years ago
Pandora allows users to
IrinaVladis [17]

Answer:

C

Explanation:

3 0
3 years ago
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Green Planet Corporation has 6,000 shares of noncumulative 11% preferred stock with a $2 par value and 21,900 shares of common s
galben [10]

Preferred dividends = preferred shares x Par value of 1 preferred stock x Preferred dividend rate

Preferred dividend = 6000 shares x 11% x $2 = $1320

Total dividend paid in year 1= $640

Preferred stockholders will receive a cash dividend of $640 in the first year. Because preferred stocks are not cumulative, there will be no preferred stock divided in arrears in year 1.

Arrear of dividends = $1320 - $640 = $680

Total dividend in year 2 = $2190

Dividend paid on common stock in year 2 = dividend paid in year 2 - Annual preferred dividends

=> 2190 - 1320 = $870

5 0
2 years ago
True or false?
yaroslaw [1]

Answer:

A. True

B. False

C. False

D. True

Explanation:

A.<em> Brands do a great job creating the meaning associated with a symbol or tagline</em>. True.

Just like humans have names and personalities, so do brands. The symbols of brands are just like human names. The personality of the brand goes a long way in determining the meaning people attribute to that symbol

<em>B. What a brand represents is very consistent across everybody.</em> False.

Just as societies have different cultures, so do the meanings they attribute to a brand differ. For example,some cultures feel the color red is associated with ill luck. This will affect how they see such brands which have the red color.

<em>C. A brand's meaning is controlled by the brand. </em> False.

On a holistic note, a brand can control only a certain aspect of its meaning. the other aspect is left to individualism and culture.

<em> D. A brand's meaning is up to potential and actual customers.</em> True.

This is because the customers and kings and they have their personal views  about life. This view often affects how they see brands.

8 0
3 years ago
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