Answer:
$29,000
Explanation:
Given that:
- Draw per week: $1,100
- Commission rate: 12%
- Sales for Jim were $205,000 for the month.
- 4 weeks in a month
Assuming a four-week month, Jim's commission :
Commission on revenue + commission of total draws
= $205,000*12% + 4*$1,100
= $24,600+ $4,400
= $29,000
Hope it will find you well.
The moral issues seeing these partners are as per the following; allegations of separation, administration offense, renumeration, and wellbeing concerns. As a type of harm control, Walmart discharged a promoting effort to accuse the organization as an "American example of overcoming adversity." After statistical surveying uncovered Walmart's image picture had lost bond between taught grown-ups, Walmart industrialized in a multimillion publicizing effort called "The Real Walmart."
Answer:
3.6
Explanation:
The receivables turnover for the year is calculated as;
= Net sales(credit sales) ÷ Average accounts receivables
Average account receivables
= ($200,000 + $220,000) ÷ 2
= $210,000
Therefore, Receivables turnover
= $750,000 ÷ $210,000
= 3.6
Answer:
The answer is: O'Brien's MVA is $12,000,000
Explanation:
We first take the total book value of equity $20,000,000
Then e calculate the market value of the company (stock price per share times shares outstanding) = $32 per share x 1,000,000 shares = $32,000,000
The market value added (MVA) is the difference between market value and equity value:
MVA = $32,000,000 - $20,000,000 = $12,000,000
Answer:
The answer is: $367,000
Explanation:
To determine Pronghorn Corporation's actual return on plan assets we can use the following formula:
return on plan assets = (year-end plan assets - beginning of the year plan assets) - (contribution to the pension fund - benefits paid)
return on plan assets = ($2,035,000 - $1,770,000) - ($116,000 - $218,000)
return on plan assets = $265,000 - (-$102,000) = $265,000 + $102,000
return on plan assets = $367,000
