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Jeremy Ortiz is an employee of Insulor Flooring, where his job responsibilities include selling service contracts to customers.

grandymaker [24]

Answer:

Pay recorded for September 29 is $2,100

Explanation:

Jeremy Ortiz is paid based on two sources of income. The first being the annual salary of $36,000 and the second is the commission on all the service contracts sold, which is 3%.

Since the pay period is of semimonthly (15 days), the annual salary would be divided by 24 instead of the regular 12 months. This would mean that salary of $1,500 ($36,000 / 24) would be recorded in the payroll register.

For the commission, the sales done during this semimonthly period was $20,000 of service contracts. The commission at 3% of all sales would be $600 ($20,000 x 3%).

Total pay recorded in the payroll register for the September 29 period would be $2,100 ($1,500 + $600).

3 0

3 years ago

A(n) _________________ business changes basic inputs into products that are sold to customers. a.manufacturing b.enterprise c.re

N76 [4]

A manufacturing business changes the basic inputs into products that are sold to the customers.

The manufacturing business is in charge of manufacturing the goods for the entire country. It takes input from the economy as raw materials and processes or manufactures it and then gives the output back to the company. A very simple example of this is steel rods. The manufacturing company changes the basic inputs of steel into products which are steel rods.

An enterprise is a business or a company that runs its own business. Retail is a type of business that buys goods from wholesalers and sells them to customers. Service is the work that is done by professionals like doctors. None of these actually make their own goods to sell back to the customers. They only sell other goods or services without manufacturing anything new.

Learn more about manufacturing business here:

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4 0

2 years ago

On June 30, Setzer Corporation had a market price of $14 per share of common stock. For the previous year, Setzer paid an annual

MArishka [77]

Answer:

Dividend Yield = 7%

Explanation:

The dividend yield is the proportion of the market price that is earned as dividend. The higher the dividend yield the better for the investor.

The dividend yield is calculated as follows:

Dividend yield = Dividend paid /market price per share × 100

= 0.98/14×100 =7 %

Dividend Yield = 7%

5 0

4 years ago

A business made some changes to its processes, and its productivity increased by 25%. If it previously was able to produce 10, 0

iVinArrow [24]

Answer:

D. 25,000

Explanation:

Initially, with an investment of $8,000, the business was able to produce 10,000 units of products.

Changes were made and productivity increased by 25%.

25% of 10,000 = 25/100 x 10,000 = 2,500 units

Which means with an investment of $8,000, 12,500 units of products can now be produced.

Now, the business doubled its investment. This means that the units of products produced will also doubled:

12,500 x 2 = 25,000 units.

Hence, the correct option is D.

6 0

4 years ago

Read 2 more answers

"A customer buys pharmaceutical and utility stocks in his portfolio. This portfolio would be best characterized as:"

lilavasa [31]

Answer:

Defensive Portfolio

Explanation:

Defensive portfolio consist of stocks that are protected from the market movement forces such that they perform acceptably well both during good and bad economic times, much unlike cyclical stocks. The companies within the portfolio are those that manufacture and produce essential goods and services and therefore will also thrive when the economy is in a difficult state.

Many defensive portfolio companies offer dividends with the effect of reducing capital losses.

4 0

3 years ago