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Andre45 [30]
3 years ago
6

Rick works off commission. He earns 10 percent of all manufacturing equipment he sells. If he made a sale of $9,000, how much wa

s his commission?
$100
$90
$900
$9,000
Business
1 answer:
Leto [7]3 years ago
5 0

Answer:

C. $900

Explanation:

Divide your 9000 by 10 and theres your answer 900

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An oil and gas producing company owns 42,000 acres of land in a southeastern state. It operates 630 wells which produce 18,000 b
valkas [14]

Answer:

The bid amount should be $13,200,264.

Explanation:

An oil and gas producing company owns 42,000 acres of land in a southeastern state.

It operates 630 wells which produce 18,000 barrels of oil per year and 1.7 million cubic feet of natural gas per year.

The revenue from the oil is ​$1,800,000 per year and for natural gas the annual revenue is ​$581,000 per year.

Total Annual Revenue

= Revenue from oil + Revenue from gas

= $1,800,000 + $581,000

= $2,381,000

The bid amount should be the present worth of total annual revenue.

Present Worth of total annual revenue

= Revenue \times\ \frac{( 1 + i )^{n} -1 }{i (1 + i)^{n} }

= $2,381,000\ \times\ \frac{( 1 + 0.11 )^{9} -1 }{0.11 × (1 + 0.11)^{9} }

= $2,381,000\ \times\ \frac{( 1.11 )^{9} -1 }{0.11 × (1.11)^{9} }

= $2,381,000\ \times\ \frac{2.5580 - 1 }{0.11 × 2.5580 }

= $2,381,000\ \times\ \frac{1.5580 }{0.281}

= $2,381,000\ \times\ 5.544

= $13,200,264

7 0
3 years ago
Olsen Company uses a standard cost system for its production process. Olsen Company applies overhead based on direct labor hours
Digiron [165]

Answer:

1800

Explanation:

5 0
2 years ago
The business environment consists of several factors that affect a business's ability to be successful and operate profitably. C
MatroZZZ [7]

There are different kinds of business. The  business environmental force is technological.

<h3>What is business environment?</h3>

Business environment is known to be the overall totals of all the factors that is said to be external to a business firm and that often influence their activities.

It is said to ranges from factors and forces such as customers, competitors, suppliers, government, technological  and others

Learn more about business environment from

brainly.com/question/17961245

4 0
2 years ago
Jill Parker owns​ 2,000 acres of ranchland in Iowa.​ Recently, a supply of natural gas was discovered on her property. Not knowi
jek_recluse [69]

Answer: C. Jill should focus on the business market and license the natural gas rights.

Explanation:

Option C is indeed the right answer. Focusing on the Business Market will get her a better deal because larger companies will be involved.

It would be very advantageous to license the rights as there will be various bids for the license with the largest bid getting it and only for a period of time.

Going with this option can get Jill a better deal all round.

6 0
3 years ago
Read 2 more answers
Explain whether each of the following events shifts the short-run aggregate-supply curve, the aggregate-demand curve, both, and
ruslelena [56]

Answer:

1. Households decide to save a larger share of their income. - Aggregate-Demand Curve

If households in the economy started saving more of their money then this would leave less money for consumption which is one of the components of Aggregate Demand. When Consumption decreases so also will Aggregate Demand thereby shifting the Aggregate-Demand Curve to the left.

2. Florida orange groves suffer a prolonged period of below-freezing temperatures. - Short-run Aggregate Supply Curve

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3. Increased job opportunities overseas cause many people to leave the country. Both Aggregate-Demand Curve and Short-run Aggregate Supply Curve.

With less people in the Economy, there will be less people spending on goods and services which will cause the Aggregate Demand curve to shift to the left.

Also with people leaving the country, the labor force will decrease which will mean that less people are available to produce goods and services so the short-run Aggregate supply curve will shift left.

6 0
3 years ago
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