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Whitepunk [10]
3 years ago
9

Michael receives a monthly salary of $2500 plus a commission of 2% of total orders written. If his orders for the month were $34

000, what is his total pay?
Business
1 answer:
Bumek [7]3 years ago
7 0

Answer:

$3,180

Explanation:

Monthly salary would be the base salary = $2500

Since he would earn 2% of all orders, calculate the dollar value of the commission when total orders amount to $34000;

Commission = 2% *34000 = $680

His total pay would be calculated by adding the base salary to the commission amount;

Total pay = base salary + commission

Total pay = $2500 + $680

Total pay = $3,180

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The Value of a Bond is tied to the Dividend rate.<br><br> True or false
PilotLPTM [1.2K]

<u>Answer:</u> False. The Value of a Bond is not related to the Dividend rate.

<u>Explanation:</u>

Bond rates are inversely related with the interest rates in the market and not dividend rates. Bonds yield interest for the investment and not dividends. Dividends are paid for shares. Dividend rates affects the share price and not Bond value in the market.

The interest rates of the Bonds can be fixed rates or fluctuating rates. It depends on the type of the security issued. As the interest rates are fluctuating then the risk for the investors increase.

7 0
3 years ago
Cheyanne, the regional manager of a global sales organization, gives freedom to the sales representatives on the amount spent on
tamaranim1 [39]

Answer:

(B). Ethical standards

Explanation:

Ethical standards within an organization are standards set by the organization that employees are expected to abide by.

<em>They include values such as integrity, respect, trust, honesty, loyalty.</em>

Abiding by these ethical standards bring about employee and customer satisfaction.

<u>By giving freedom to sales representatives on the amount spent on gifts for Asian and European customers, Cheyanne is managing for Ethical standards.</u>

5 0
3 years ago
The GDP per capita of a country is lower than that of france. if the GDP per capita of the country is adjusted for PPP, the coun
o-na [289]

Answer:

D. The cost of living in the country is lower than that of France

Explanation:

PPP or Purchasing Power Parity is a measure of the cost of living in different countries. When GDP Per Capita is computed accounting for PPP, significant differences can show up between this measure and Nominal GDP Per Capita, this is because of differences in the cost of living among countries.

If the GDP Per Capita Nominal of a country is lower than that of France, it means that measured by US Dollars, the other country produces less output per person than France. However, if the GDP Per Capita PPP of the same country is higher than that of France, it means that even if output is less, people in the other country can buy more things with less income than people in France. (Remember than when calculating GDP, output is the same as income).

4 0
3 years ago
Venture capital holding period returns (all stages) for the 20-year period ... (all stages) for the 10-year period ending in 201
arsen [322]

Answer:

C. 10%

Explanation:

The correct answer to the given question is : C 10%.

Venture Capital holding returns for 10 year period ending in 2014, was approximately 10%.

The Venture Capital holding returns for 20 year period ending in 2014, was approximately 20%.

Venture Capital holding returns for 10 year period ending in 2014, was approximately 10%.

The Venture Capital holding returns for 20 year period ending in 2014, was approximately 20%.

7 0
2 years ago
On June 1, Oriole Company Ltd. borrows $100,000 from Acme Bank on a 6-month, $100,000, 6% note. The note matures on December 1.
gizmo_the_mogwai [7]

Answer:

<u>Journal Entry :</u>

Bank $100,000  (debit)

Note Payable : Acme Bank (credit)

Explanation:

In Oriole Company Ltd books the following entries must be made :

The assets of cash should be increase (debit) at the same time, the liabilities arising on the Note Payable must also increase (credit).

8 0
3 years ago
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