John is given the option of a straight salary of ($ 2,500 /) week (no commission option),

Question:

John is given the option of a straight salary of $\$ 2,500 /$ week (no commission option), or a salary of $\$ 500 /$ week plus $10 \%$ of the weekly sales. How many sales are necessary for the commission salary to exceed the straight salary option?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Nature Of Mathematics

ISBN: 9781133947257

13th Edition

Authors: Karl J. Smith

See More Books

Question Posted: Feb 08, 2024 02:34 AM

See More Questions

Jerry is given the option of a straight salary of $\$ 4,600 /$ week (no commission option), or a salary of $\$ 1,000 /$ week plus $15 \%$ of the weekly sales. How many sales are necessary for...
Managing Scope Changes Case Study Scope changes on a project can occur regardless of how well the project is planned or executed. Scope changes can be the result of something that was omitted during...
The marketing vice president for Baxter Surgical Supplies Incorporated (BSSI), a manufacturer and distributor of medical supplies and equipment, was reviewing the company's method of compensation at...
Prove Theorem 9.7.1. Theorem 9.7.1 Principal Axes Theorem for ft3 Let ax2 + by2 + cz2 + 2dxy + 2exz + 2fyz + gx + hy + iz + j = 0 be the equation of a quadric Q, and let xTAx = ax2 + by2 + cz2 + 2dxy...
Consider the following data collected on a single helical coil extension spring with an initial extension Fi and a spring rate k suspected of being related by the equation F = Fi + kx where x is the...
This chapter advocates the use of a systematic, facts-based methodology. What are the benefits of such a methodology, and what are the potential concerns some managers may have about it?
Counting the unemployed? We could measure the extent of unemployment by a count (the number of people who are unemployed) or by giving a rate (the percentage of the labor force that is unemployed)....
Bain ordered from Marcum a carload of lumber, which he intended to use in the construction of small boats for the U.S. Navy pursuant to contract. The order specified that the lumber was to be free...
these are questions . please and thank you 6. Know what the ledger is and what it is used for 7. Know the definition of posting 8. Know what the Trial Balance is and its primary purpose 9. Correct...
The equation for the standard normal curve (the normal curve with mean 0 and standard deviation 1) graphs as an exponential curve. Graph this curve, whose equation is \[y=\frac{e^{-x^{2} /...
From a square whose side has length $x$, measured in inches, create a new square whose side is 5 in. longer. Find an expression for the difference between the areas of the two squares as a function...
Why do a strategic analysis? What are the objectives? What, in your view, are the three keys to making a strategic analysis helpful and important? Is there a downside to conducting a full-blown...
Childhood leukemia, a hematological malignancy, is the most common form of childhood cancer, representing 29% of cancers in children aged 0 to 14 years in 2018. Imagine that you work in the State...
Question 1 Approximating functions using linear functions or higher degree polynomials is a very useful scientific tool! This concept generalizes to Taylor Polynomials, but is most simply illustrated...
Find the volume of the solid of revolution formed by rotating the specified region R about the x axis. Volume Formula Suppose f(x) is continuous and f(x) 0 on a x b, and let R be the region under the...
As machines get older, the cost of maintaining them tends to increase. Suppose for a particular machine, the rate at which the maintenance cost is increasing is approximated by the function C' (t) =...
At Edsel Automotive, the management team is planning to expand one of its plants by adding a new assembly line for sport utility vehicles (SUVs). The cost of setting up the new SUV assembly line is...
Suppose you can hire your mechanic for up to six hours. Your benefit and cost functions are: B(H) = 420H - 40H2 and the cost is: C(H) = 100H + 120H2. What are your marginal benefit and marginal cost...
Draw a Feynman diagram for the reaction n + v p + .
What is the original definition of the calorie? What is the present definition?
Suppose heat flows into a vessel containing a gas. As the heat flows into the gas, what happens to the gas molecules? What happens to the internal energy of the gas?
Under what condition is the enthalpy change equal to the heat of reaction?
Berbice Inc. has a new project, and you were recruitment to perform their sensitivity analysis based on the estimates of done by their engineering department (there are no taxes): Pessimistic Most...
#3) Seven years ago, Crane Corporation issued 20-year bonds that had a $1,000 face value, paid interest annually, and had a coupon rate of 8 percent. If the market rate of interest is 4.0 percent...
I have a portfolio of two stocks. The weights are 60% and 40% respectively, the volatilities are both 20%, while the correlation of returns is 100%. The volatility of my portfolio is A. 4% B. 14.4%...

John is given the option of a straight salary of ($ 2,500 /) week (no commission option),

Question:

Step by Step Answer:

The straight salary option is 2500 per week and the commission option ...View the full answer

Nature Of Mathematics

Students also viewed these Sciences questions