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zhuklara [117]
3 years ago
8

When hired at a new job selling jewelry, you are given two pay: _______.A: Base salary of $14,000 a year, with a commission of 1

2% of your sales B: Base salary of $21,000 a year, with a commission of 5% of your salesIn order for option A to produce a larger income, you would need sell at least $_____ of jewelry?
Business
2 answers:
erma4kov [3.2K]3 years ago
6 0

Answer:

$100,001

Explanation:

we can determine the amount of total sales needed to earn a higher salary by solving the following equation:

let C = total sales

$14,000 + 0.12C > $21,000 + 0.05C

0.12C - 0.05C > $21,000 - $14,000

0.07C > $7,000

C > $7,000 / 0.07

C > $100,000

so total sales must be at least $100,001 in order for option A to result in a higher salary

ipn [44]3 years ago
3 0

Answer:

$105,000

Explanation:

In order for option A to produce a larger income, you would need sell at least $ 105,000 of jewelry?

At $105,000 option A becomes preferred because

12% x 105,000 = $12,600 in addition to base salary = $26,600

BUT

5% x 105,000 = $5250, in addition to base salary of 21,000 = $26,250

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Which entities constitute the primary and secondary stakeholders of a business, respectively? __________ are some of the primary
horsena [70]
The correct answers are as follows:
1. The primary stakeholders of a business are defined as those individuals who engage internally in economic transactions with the company. Primary stakeholders have direct interests in the company and they are affected by the policies, objectives and the actions of the company.
Secondary stakeholders are those individuals who do not have direct interest in the company.
2. SHAREHOLDERS AND CUSTOMERS are some of the primary stakeholders of a business. Other examples of primary stakeholders are: suppliers, creditors, employees, investors, etc.
The primary stakeholders of a company depend on the financial well being of the company for their own benefits and the company also depends on their efforts in order to succeed.
3. THE GENERAL PUBLIC AND THE COMMUNITY IN WHICH A COMPANY IS LOCATED are some of the secondary stakeholders of a business. Other examples of secondary stakeholders are: the media, business support groups and activist groups.
It is very important for a company to identify and work with its secondary stakeholders. Companies who recognize and cooperate with their secondary stakeholders usually achieve good reputation and goodwill and always get supports for their expansionary efforts.
3 0
4 years ago
Read 2 more answers
The Chiemsee Knee Replacement Clinic (CKRC) is a sports clinic located at the northern edge of the German Alps. It specializes i
Montano1993 [528]

Answer:

what i did not un

Explanation:

7 0
3 years ago
As the marginal propensity to consume (MPC) increases, the spending multiplier: Increases, decreases, stays the sameIf the margi
Sati [7]

Answer:

(a) As the marginal propensity to consume (MPC) increases, the spending multiplier Increases.

(b) Multiplier is 3.30.

(c) Total impact on spending is $3,300.

Explanation:

(a) As the marginal propensity to consume (MPC) increases, the spending multiplier: Increases, decreases, stays the same.

In economics, the higher the MPC, the higher the spending multiplier.

Therefore, as the marginal propensity to consume (MPC) increases, the spending multiplier Increases.

(b) If the marginal propensity to consume is 0.70, then, assuming there are no taxes or imports, the multiplier is: (Note: round to the nearest tenth).

This can be calculated as follows:

Multiplier = 1 / (1 - MPC) = 1 / (1 - 0.70) = 1 / 0.30 = 3.33333333333333

Rounding to the nearest tenth, we have:

Multiplier = 3.30

(c) Given the multiplier that you calculated, what is the total impact on spending when there is a $1,000 increase in government spending?

Total impact on spending = Increase in government spending * Multiplier = $1,000 * 3.30 = $3,300

3 0
3 years ago
Landis Company purchased $2,000,000 of 8%, 5-year bonds from Ritter, Inc. on January 1, 2018, with interest payable on July 1 an
yanalaym [24]

Answer:

correct option is c. $51,240

Explanation:

given data

fair value of Ritter  Inc = $2,120,000

Landis Company purchased = $2,000,000

rate = 8 %

time = 5 year

bonds sold =  $2,083,160

rate = 7%

premiums July 1 =  $7,080

premiums December 31 = $7,320

solution

we get here Landis Company  comprehensive income as separate component of stockholders' equity  that is express as

comprehensive income = fair value of Ritter - ( bonds sold - premiums July 1  - premiums December 31 )  ..................1

put here value and we get

comprehensive income = $2,120,000 - ( $2,083,160 - $7,080 - $7,320  )

comprehensive income =  $51240

so correct option is c. $51,240

7 0
3 years ago
Beige Corporation, a C corporation, purchases a warehouse on August 1, 2007, for $1 million. Straight-line depreciation is taken
olchik [2.2K]

Answer and Explanation:

The computation of the amount and character of the gain recorded is shown below:

1. Recognized gain would be

= Sales - the cost of the property - recovery cost

= $1,200,000 - $1,000,000 - $411,750

= $611,750

2. Now as per the section 1245 the potential recapture is $411,750

3. Now extra section 291 ordinary income in the case when it is a corporation

= $411,750 ×20%

= $82,350

4. And finally $82,350 would be considered as an ordinary income under section 291 while the remaining balance i.e.

= $611,750 - $82,350

= $529,400

This amount would be considered as a gain under section 1231

5 0
3 years ago
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