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Rashid [163]
4 years ago
7

Sophia earns straight commission selling cell phone contracts. Last month she sold 341 cell phone contracts worth a total of $38

,192.00. If Sophia earns 5% rate of commission, what was her gross income last month?
Business
1 answer:
gizmo_the_mogwai [7]4 years ago
3 0

Answer:

=$1,909.60

Explanation:

Sophia commison rate is at 5%

Her total sales for the month  is $38,192.00

Her gross income will be :

5% of $38,192.00

=5/100 x $38,192.00

=0.05 x $38,192.00

=$1,909.60

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Once unexpended Research, Development, Test and Evaluation (RDT&E) funds have expired, they can be used for ________________
nadezda [96]

Answer:

The correct answer is letter "D": Payments or adjustments to the original obligations.

Explanation:

Research Development Test & Evaluation (RDT&E) funds are dedicated to cover costs of specific research, development, testing and assessment activities. Once deadlines to present the research are due, the funds can be directed to maintenance of laboratories or any other payment or adjustment besides the initial purpose of that money.

3 0
3 years ago
Joshua Gnaizda received an envelope in the mail from Time, Inc. The front of the envelope contained two see-through windows part
andreev551 [17]

Answer and Explanation:

There is no contract between Time's and Joshua, because it is not legally binding to each other and it has not been signed by either party. So not a single party is liable for the contract as the contract is unsigned and non-liable

Time has used it as a promotional means only for promoting magazine subscriptions.

Therefore, a case can not be built on letter-based basis.

7 0
4 years ago
You're working on a project that has an ev of $7362 and a pv (bcws) of $8232. what's your sv?
blagie [28]

So, the correct option is A, This one is only to see if you're familiar with the schedule variance calculation. To use the SV formula, simply enter the values: SV = EV – PV

What is Schedule variance (SV)?
A project's schedule variance serves as a gauge for whether it is on time or not. It is frequently used in earned value management (EVM) to give project managers an update on the status of the work during the analysis stage. A monetary unit is often used to represent a schedule variance, with negative values used to indicate any delays. The budgeted cost of work performed (BCWP) represents the cost of the actual work completed, whereas the budgeted cost of work scheduled (BCWS) measures the budget for the full project. The schedule variance is the difference between these two numbers.


To learn more about Schedule variance (SV)
brainly.com/question/14257077
#SPJ4

3 0
1 year ago
A borrower has secured a 30-year, $150,000 loan at 7% with monthly payments. Fifteen years later, the borrower has the opportuni
aliina [53]

Answer:

Return on investment ≈ 29%

Explanation:

<em><u>using excel function </u></em>

Determine :

Rate = 7% / 12 = 0.0058

Nper value = 30 years * 12 = 360

PV = -$150,000

∴ PMT value = $997.95

next : calculate the outstanding balance 15 years later

=  ( 997.95 / 0.00583 )  * ( 1 - ( 1 / ( 1 + 0.00583 )^15*12 ))

= 171174.96 * 0.6489

= $ 111,075.43

<u>Considering the opportunity to refinance </u>

Rate = 6% /12 = 0.005

Nper = 15 * 12 = 180

Pv = - $111,075.43

∴ PMT = 937.32

the monthly saved up payment = PMT 1 - PMT 2

= 997.95 - 937.32  = $60.63

Finally

Rate of return on investment

= 2500 = 60.63 * ( \frac{1 - (\frac{1+r}{12})^{-15*12}  }{r} )

hence Rate of return ≈ 29 %

attached below is a screenshot of the excel function used for question 2 and it can be used for question 1 as well just change the values

6 0
3 years ago
Monika's gift barn has cash of $316, accounts receivable of $687, accounts payable of $709, and inventory of $2,108. what is the
Natasha2012 [34]
<span>1.41 The quick ratio is the sum of assets that can be quickly liquidated divided by the liabilities. In this case, the assets are the cash of $316 and the accounts payable of $709. The inventory doesn't count since it can't be quickly converted to liquid assets. The liabilities are the accounts payable of $709. So let's do the math. (316 + 687)/709 = 1003/709 = 1.41 So the result is 1.41</span>
3 0
3 years ago
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