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
Dimas [21]
3 years ago
6

Jim Smith is a salesman who receives a $1,100 draw per week against his commission. He receives a 12% commission as an incentive

on all sales. Sales for Jim were $205,000 for the month.
Assuming a four-week month, Jim's commission is ____.
Business
1 answer:
blondinia [14]3 years ago
3 0

Answer:

$29,000

Explanation:

Given that:

  • Draw per week: $1,100
  • Commission rate: 12%
  • Sales for Jim were $205,000 for the month.
  • 4 weeks in a month

Assuming a four-week month, Jim's commission :

Commission on revenue + commission of total draws

= $205,000*12% + 4*$1,100

= $24,600+ $4,400

= $29,000

Hope it will find you well.

You might be interested in
Jake accepted a management trainee position at Opelika Resorts, a real estate development company. Corporate management believes
GarryVolchara [31]

Answer:

A. job rotation

Explanation:

Job rotation is when an employee is moved from one job role to another with the intent of making the employee familiar with all the units in the organisation.

3 0
3 years ago
Williams & Co. management is trying to decide the appropriate prices for various products sold by the firm. This is a focus
nikdorinn [45]

Answer:

A. Micro-economics

Explanation:

Micro-Economics represents a study of economic activiites or economic choices that affect individual businesses or organisations, individual consumers or individual families. Since the focus of Williams & Co is on determining appropriate prices for products sold in its individual firm, then the focus is micro-economics

Macro Economics represents the study of economic activities and choices but instead of the individual level, it studies these acivities at the overall national level or at the global level. So the study of pricing among the various detergent producing firms in the United States is under the purview of macro economics

Monetary policy focuses on the tools that are used to regulate the entire economy especially the Federal Reserve through the regulation of the activities of member financial institutions.

Fiscal Policy focuses on the activities of government to control its expenditure, tax rates and overall monitor or regulate the economy  

5 0
3 years ago
Turnbull Co. is considering a project that requires an initial investment of $270,000. The firm will raise the $270,000 in capit
svp [43]

Answer:

WACC = 11.45 %

Explanation:

Weighted average cost of capital is the average cost of all of the long-term types of finance used by a company weighted according to the that amount of finance used in relation to the total pool of fund

WACC = (Wd×Kd) + (We×Ke) + (Wp × Kp)

After-tax cost of debt = Before tax cost of debt× (1-tax rate)

Kd-After-tax cost of debt = 11.1%(1-0.4) =6.66%

Ke-Cost of equity = 14.7%

Kp= Cost of preferred stock = 12.2%

Wd-Weight of debt =100/270=0.370

We-Weight of equity = 140/270=0.518

Wp= weight of preferred stock = 30/270=0.111

WACC = (0.518× 14.7%) + (0.370 × 6.7%) + (0.111×12.2) =  11.447%

WACC = 11.45 %

6 0
2 years ago
Up until this point, the owners have felt that creating a website was an unnecessary expense because you can't sell lattes onlin
Tems11 [23]

Marketing web Design CaffeGustoso to focus on providing information about its products and new locations to promote its offline sales.

Explanation:

Video Marketing  includes  the process of posting digital videos on social website  in order to promote a product or a service.

The only product that Caffe Gustoso has is the coffee so the suggestion will be to create a series of entertaining videos to increase the consumer engagement with coffee and to provide information related to its location with the motive to boost online sale.

Thus we can say that the initiative will be to -Marketing web Design Caff eGustoso to focus on providing information about its products and new locations to promote its offline sales.

6 0
3 years ago
A production function: shows the output that is most highly valued by consumers. shows the most desired production method for a
BigorU [14]

Answer:

Shows the output that is produced using different combinations of inputs combined with existing technology

Explanation:

The production function is an <u>expression that links the different amount of inptuts used in the production process and the final output obtained with each combination of inputs, with a given tehcnology.</u>

As an example, if a economy produces only popcorn, a production function would be an expression that shows hou much popcorn that economy can produce with different combinations of corn and sugar, with a given technology.

4 0
3 years ago
Other questions:
  • How do the Iowa Caucuses work?
    12·1 answer
  • Investment increases to​ $1.5 trillion, and the multiplier when the price level is constant is 8. Draw the new aggregate demand
    10·1 answer
  • Analyze the benefits and the problems posed by the four approaches to the implementation of resource management policies: contro
    5·1 answer
  • Unemployment that is the result of deregulation, corporate downsizing, and the closure of military bases is best categorized as
    13·1 answer
  • Harcourt Manufacturing (HM) has the capacity to produce 10,000 fax machines per year. HM currently produces and sells 7,000 unit
    13·1 answer
  • 1. A company acquires all of the assets and liabilities of another company. Which statement is false? A. The acquired company no
    14·1 answer
  • Household behavior with respect to changes in income can be described by the marginal propensity to consume (MPC) and the margin
    11·1 answer
  • Using the information provided below and assuming the cash flows occur at a constant rate each year, calculate the discounted pa
    14·1 answer
  • What is the value of a preferred stock that pays a perpetual dividend of $125 at the end of each year when the interest rate is
    13·1 answer
  • Maytag Company earns $4.80 per share. Today the stock is trading at $59.25. The company pays an annual dividend of $1.40. a. Cal
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!