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vaieri [72.5K]
3 years ago
10

JJ Motors Inc. employs 45 sales personnel to market their line of luxury automobiles. The average car sells for $23,000, and a 6

percent commission is paid to the salesperson. JJ Motors is considering a change to the commission arrangement where the company would pay each salesperson a salary of $2,000 per month plus a commission of 2 percent of the sales made by that salesperson. The amount of total monthly car sales at which JJ Motors would be indifferent as to which plan to select is
Business
1 answer:
Masja [62]3 years ago
8 0

Answer:

$2,250,000

Explanation:

JJ Motors Inc

Salesperson salary per months $2,000 ×45 Sales personnel

=$90,000

6 percent commission -Commission of 2 percent made from sales

=4%

Total revenue =$90,000/0.04

=$2,250,000

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It should be noted that if you tax something, you will get less of it; if you subsidize an activity, you will get more of it. For example of an income is taxed, the owner of the income will geta lesser amount as tax will be removed.

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3 years ago
A corporation declares a cash dividend on Friday, December 5th, payable to holders of record on Friday, December 19th. The local
andrew11 [14]

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3 years ago
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3 years ago
You own shares of Somner​ Resources' preferred​ stock, which currently sells for per share and pays annual dividends of ​$ per s
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You should buy more shares

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The above-mentioned question is missing few components. I have added them to explain on how the question would be solved if all the variables were provided. Please note the additions in bold text below. The answer of which is given afterwards.

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3 years ago
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