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3 years ago

9

Sales representatives are often compensated, at least in part, on a percentage of the sales revenue. this percentage is known as

a

1 answer:

sveticcg [70]3 years ago

7 0

The percentage is known as the salary

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Which of the following is the reason most people give for transferrin from a two year school to a four year school

dangina [55]

The reason could be that they want a higher education. 4 year degree is more rewarding than a 2 year degree. they want a higher education so they can get a better job that pays them even more. thats my opinion. remember this has to do more with money. the more you prepare yourself the more money you are able to get.

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3 years ago

Aguilera corp. has a current accounts receivable balance of $336,500. credit sales for the year just ended were $4,515,830. what

Alika [10]

The receivables turnover ratio is an activity ratio computing how proficiently a firm uses its assets.

Receivables turnover ratio can be calculated by: net value of credit sales during a given period divided by the average accounts receivables.

Receivables turnover = sales / receivable

= 4,515,830 / 336,500

= 13.42

Days’ sales in receivables = 365 days/ receivable turnover

= 365 / 13.42

= 27.20

The average collection period is 27.20 days.

6 0

3 years ago

What is the after-tax cost of debt for a firm if it pays at 21% of tax rate, and pays 15% on its debt

FinnZ [79.3K]

Answer:

= 11.85%

Explanation:

After tax cost of debt = (1 - tax rate) x debt

(1 - 0.21) x 15%

0.79 x 15% = 11.85%

5 0

3 years ago

Stephanie works 40 hours a week at a wage rate of $25. This, her total weekly income is $1000. On this income, she pays tot

telo118 [61]

Stephanie's marginal tax rate is 15%.

<u>Explanation:</u>

The Average tax rate is 8%

she pays $3.75 as the tax on $25 which makes tax rate at this point =3.75/25

= 15%

The Marginal tax rate is the percentage of income that has to be paid as tax as a result of a change in the income bracket.

For instance, if tax rate until $1-$1000 is 10%

and for $1000 and above is 20%.

So for every $ earned over and above $1000.The marginal tax rate for that sum is 20%.

3 0

3 years ago

meriva

Complete Question:

PA9.

LO 7.3 Fit band's estimated sales are:

$

OCTOBER 131,982

NOVEMBER 195,723

DECEMBER 249,283

JANUARY 124,298

FEBRUARY 124,284

MARCH 124,373

What are the balances in accounts receivable for January, February, and March if 65% of sales is collected in the month of sale, 25% is collected the month after the sale, and 10% is second month after the sale?

Answer:

JANUARY FEBRUARY MARCH

Amount received from November sales 19,572

Amount received from December sales 62,321 24,928

Amount received from January sales 80,794 31,075 12,430

Amount received from November sales <u> </u> <u> </u> <u> 31,071 </u>

TOTAL <u>$162,687 </u> <u>$56,003</u> <u>$43,501 </u>

<u />

Explanation:

The balances calculated are based on the following formula:

Amount received = Sales Figure of that month * Percentage

65% in the month of sale is received, 25% in the next month and the residual is received in the second month after sales

For the month of November:

65% of its total sales will be received in november, 25% in the next month(December) and the residual 10% in the second month after sale(January). Likewise for the month of January, we see in the computation that 65% of sales was received in the same month, 25% in the next month February and the residual 10% in the second after sale which is in March.

3 0

3 years ago