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
snow_tiger [21]
3 years ago
9

26. An employee at a local clothing store gets 20% for every $100 they sell in clothes. If an

Business
1 answer:
lilavasa [31]3 years ago
7 0

Answer:

$120

Explanation:

The total revenue brought to the company by this employee is:

$350 + $250 = <em>$600</em>

Since he/she earns a 20% commission on the goods sold, this particular employee will receive:

$600 * 0.2 = $120

*0.2 is the multiplier when it's 20%

In other words, he/she earns $20 out of each $100 in sold goods. Since his/hers total sold goods consist out of 6 factors of $100, the same proportion will apply to the commision, that is $20 * 6 = $120.

You might be interested in
Which property transaction would most likely be EXEMPT from fair housing laws in Ohio (assuming that no real estate licensee was
CaHeK987 [17]

Answer:

The correct option is A: two-unit apartment owned by a church that will rent only to members of its faith

Explanation:

Under Ohio housing laws, the only exempt property would be the church apartment. Under the Ohio laws, religious organizations are allowed to give preference of occupancy to their members as long as all members have the same right and there is no racial, origin, or color restriction.

5 0
3 years ago
Suppose that the Fed has decided to utilize the Taylor rule to implement monetary policy. If the actual federal funds rate targe
spin [16.1K]

Answer:

The correct answer is:

A) monetary policy is very expansionary.

Explanation:

In this case the Taylor Rule states that the Fed must increase rates as the target of the inflation is up the Gross Domestic Product. Therefore, according to the expansionary policy, the central bank employs certain mechanisms in order to look with favor on the economy. The main idea of this strategy is to be able to lower the interest rates and also to increase the aggregate demand.

5 0
3 years ago
Ceteris paribus, based on the aggregate demand curve, if the price level _______ the quantity of real output _______ increases.
TEA [102]
The answer to your question Roxannecalixto is decreases and produced.
4 0
3 years ago
Hillary graduates from law school and gets a position in a law firm. At the same time the price of hamburger falls while other f
LiRa [457]

Answer:

no, since other things are not held constant, including her income

Explanation:

The law of demand states that price has an inverse relationship with quantity demanded of a good. As price increases the demand reduces, and as price decreases quantity demanded increases.

However this is true when all other factors reman constant.

In the given scenario the price of hamburger has fallen but Hilary buys less of it. This looks like a violation of the law of demand, but her income has changed so the law of demand may not hold here.

All factors do not remain constant.

Hilary's behaviour can be explained by the concept income effect. Where an increase in income leads to the consumer buying more of expensive goods than cheaper ones.

5 0
3 years ago
Josh purchased 100 shares of XOM for $76.63 per share at the beginning of 2007. He received dividends per share of $1.37 (2007),
never [62]

Answer:

The IRR is 4.08%

Explanation:

In calculating the internal rate of return in excel,the cash outflow of $76.63 is shown in year 0 with a negative sign to indicate that it is the initial investment on the share, followed by dividends in received in later years shown as positive figures ,however in the fifth the dividend received and the cash received from disposing of the share were added together to show total cash inflow in the last year.

The computation of IRR is shown below

IRR for the share purchase  

 

Years Cash flow

0 -76.63

1 1.37

2 1.55

3 1.66

4 1.74

5 86.61  

IRR 4.08%

Find attached for detailed computation.

Download xlsx
4 0
3 years ago
Other questions:
  • Oona wants to conduct research on personnel management, workplace environment, and what type of environment results in high leve
    6·2 answers
  • Revising for Clarity - Keeping It Short and Simple and DumpingTrite Business Phrases
    15·2 answers
  • On December 27, 2019, the directors of Partridge Corporation, an accrual basis calendar year taxpayer, authorized a cash contrib
    10·1 answer
  • Given the acquisition cost of product z is $30, the net realizable value for product z is $27, the normal profit for product z i
    8·1 answer
  • Jeremy is a business student at ABC University. He is currently enrolled for 18 credits, mostly of quantitative courses with hig
    7·1 answer
  • Miami Corp. obtained the following information from its accounting records:
    10·1 answer
  • A financial analyst is presented with information on the past records of 60 start-up companies and told that in fact only 3 of t
    15·1 answer
  • A receiving department compares inventory items received with copies of purchase orders. The purchase orders list the name of th
    8·1 answer
  • In a market economy, equilibrium stays constant and never moves.<br> True or false
    8·1 answer
  • A trial balance before adjustment included the following:
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!