Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Aug 06, 2024

Dill earns a salary and commission at his job. His base salary is $2,000 a month. If he sells over $80,000 he receives a commission

Dill earns a salary and commission at his job. His base salary is $2,000 a month. If he sells over $80,000 he receives a commission of 5%. His net sales in August was $125,000. What was his gross salary in August? (1pt)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Accounting

Authors: Karen Bird, Gene Imhoff

3rd Edition

0984200541, 9780984200542

More Books

Students also viewed these Accounting questions

Question

★★★★★

Let C be the circle that is the intersection of the plane ax + by + z = 0 (a ( 0, b ( 0) and the sphere x2 + y2 + z2 = 9. For F = yi - x j + 3yk, evaluate Use Stokes's Theorem? F- Tds

Answered: 1 week ago

Question

★★★★★

Each entering customer must be served first by server 1, then by server 2, and finally by server 3. The amount of time it takes to be served by server i is an exponential random variable with rate i,...

Answered: 1 week ago

Question

★★★★★

When Kraft recently bid $16.7 billion for Cadbury, Cadbury's market value rose, but Kraft's market value fell by more. What does this tell you about the value-creating potential of the deal?

Answered: 1 week ago

Question

★★★★★

Whippet Industries corporation has the following [artial balance sheet information available at Nov 30, 2019 Shareholders' equity contributed Capital common shares 400,000 shares authorized 150,000...

Answered: 1 week ago

Question

★★★★★

What was the significance of the 1 9 8 2 MFJ ? a . It was interpreted as a government stance to allow AT&T to function as a regulated monopoly b . It was a court ruling that allowed devices not...

Answered: 1 week ago

Question

★★★★★

The six product life-cycle stages of a deliverable include: Question 8 options: a) concept/definition, design, and start-up b) operations, retirement, and prototype c) construct, operations, and...

Answered: 1 week ago

Question

★★★★★

Joann Crier has completed her 3-month probation period with Inner City Health Care. She is doing quite well and has demonstrated skill in accurate financial documentation. She has been asked to take...

Answered: 1 week ago

Question

★★★★★

Scenario 2 Jenna, a marketing specialist, has an employment contract that was renewed yearly over a five year period. Jenna's contract was renewed annually to align with the company's growth...

Answered: 1 week ago

Question

★★★★★

Dave was a bachelor who lived in Sydney. He was a loner and in ill health. He contacted his sister, Keren, in Oxford, England and asked her to move to Sydney to help look after him. He promised that...

Answered: 1 week ago

Question

★★★★★

The demand equation for pen per day is as under (6) D 160- 15 P Calculate (a) How many pens per day can the firm sell at a price of Rs. 10 per pen? (b) If firm wants to sell two pens per day what...

Answered: 1 week ago

Question

★★★★★

4. List and discuss the four steps in effectively coaching an employee.pg 87

Answered: 1 week ago

Question

★★★★★

2. Answer the question, Who should do the appraising?pg 87

Answered: 1 week ago

Question

★★★★★

1. Explain the purpose of performance appraisal.pg 87

Answered: 1 week ago

Previous Question Next Question