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Alenkasestr [34]
3 years ago
15

Joan works in a clothing store she earns a salary plus 10 percent of her sales revenue the extra money that is expressed as a pe

rcentage of her sales revenue is called
Business
1 answer:
BigorU [14]3 years ago
8 0

A percentage of sales revenue paid to coworkers is called commission


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Which option best describes the main behavior that economics studies?
lina2011 [118]

Answer:

A. People creating different governments around the world

Explanation:

economics looks at how the world’s resources are used by and distributed among individuals and organizations.

5 0
4 years ago
You place an order for 1,600 units of Good X at a unit price of $53. The supplier offers terms of 2/30, net 50. a-1. How long do
andre [41]

Answer:

a-1. How long do you have to pay before the account is overdue?

  • 50 days

a-2. If you take the full period, how much should you remit?

  • if you pay after the discount period (first 30 days) but before the 50th day, you must pay $84,800

b-1. What is the discount being offered?

  • 2% if you pay within 30 days

b-2. How quickly must you pay to get the discount?

  • you have up to 30 days to pay the invoice and still get the discount

b-3. If you do take the discount, how much should you remit?

  • $83,104

c-1. If you don’t take the discount, how much interest are you paying implicitly?

  • $1,696

c-2. How many days’ credit are you receiving?

  • the total credit period is 50 days

7 0
3 years ago
Income statement under absorption costing and variable costing
Len [333]

Answer:

unitary product cost= $102

Explanation:

Giving the following information:

Manufacturing costs Direct materials per unit $60

Direct labor per unit $22

Variable overhead per unit $8

Fixed overhead for the year $528,000

Units produced= 44,000

The absorption costing method includes all costs related to production, both fixed and variable<u>. The unit product cost is calculated using direct material, direct labor, and total unitary manufacturing overhead. </u>

Fi<u>rst, we need to calculate the unitary fixed overhead:</u>

Unitary fixed overhead= 528,000/44,000= $12

<u>Now, the unitary product cost:</u>

unitary product cost= 60 + 22 + 8 + 12

unitary product cost= $102

4 0
3 years ago
Concord Corporation reported net income of $177,200 for 2017. Concord Corporation also reported depreciation expense of $35,230
klio [65]

Answer

Net income 177,200

+35230 depreciation

+4,920 loss on disposal

217,350 adjusted net income (a)

↑↓

↑AR -14,160

↑Prepaid -4,190

↑AP 17,220

Change in working Capital -1,130(b)

<u />

<u>Cash Flow generated from operating activities 216,220</u>

<u />

Explanation:

(a) we must remove the non-monetary account from the income statement

This means add the non-monetary expenses and losses

Subtract the non monetary revenue and gains

(b)

The increase in assets account have a negative meaning, because it is assumed the company used cash to adquire it.

Whiel increase in liabilities are positive, because the company receive aah or delay the payment of cash.

4 0
3 years ago
Which of the following statements is NOT CORRECT? a. Free cash flows are assumed to grow at a constant rate beyond a specified d
Sveta_85 [38]

Answer:

the free cash flow valuation model can be used to find the value of a division

3 0
3 years ago
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