Adam Hoover bought 72 shares of General Oil Co. stock at a par value of $85...
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Adam Hoover bought 72 shares of General Oil Co. stock at a par value of $85 per share. The stock paid annual dividends of 7 1/2%. How much did Adam receive in dividends this year? Commissions 0. Mrs. Maxwell works as a travel agent for Universal Travel, Inc. She is paid a salary of $1,400 a month and a 5% commission. If Mrs. Maxwell sold $14,750 for Universal Travel, how much did she earn last month? 1. Alex Tipton, a college student, has a summer job selling ad space for a local trade magazine. Alex is paid a straight commission of 18 1/4% on his total sales for the summer. Alex sold 38 ads at a total sales of $15,500. What is the total amount he earned for the summer? Adam Hoover bought 72 shares of General Oil Co. stock at a par value of $85 per share. The stock paid annual dividends of 7 1/2%. How much did Adam receive in dividends this year? Commissions 0. Mrs. Maxwell works as a travel agent for Universal Travel, Inc. She is paid a salary of $1,400 a month and a 5% commission. If Mrs. Maxwell sold $14,750 for Universal Travel, how much did she earn last month? 1. Alex Tipton, a college student, has a summer job selling ad space for a local trade magazine. Alex is paid a straight commission of 18 1/4% on his total sales for the summer. Alex sold 38 ads at a total sales of $15,500. What is the total amount he earned for the summer?
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Answer rating: 100% (QA)
Lets calculate the amounts for each scenario 1 Adam Hoovers Dividends Adam bought 72 shares of Gener... View the full answer
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
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