Question
Liz works in sales for a developer of a new community. Please use the following information to assist with questions 1-9 Price of each home:
Liz works in sales for a developer of a new community. Please use the following information to assist with questions 1-9
Price of each home: 200,00
Q4 Sales: 2,400,000
Jan sales: 1,000,000
Feb sales: 1,200,000
March Sales: 1,400,000
1) What were Liz's Sales in Q1?
2) What was Liz's sales change/growth in sales from Jan to Feb (In dollars and percentage)?
3) If Liz receives a commission of 1% for each sale, how much commission does she make per each home sale (dollars) ?
4) How much commission did Liz earn in January?
In addition to commission, Liz has a quarterly quota and earns a bonus for meeting quota. She receives $3,000 for selling 80% to quota and $100 for each additional percentage point met. In Q1, Liz'a quota was $3,000,000.
5) How many homes did Liz have to sell in Q1 to achieve quota (100% to quota)?
6) What was Liz's percent to quota in Q1?
7) How much did Liz earn in Q1?
8) If all New Home Sales in Liz's zip code in January were $10,000,000 what was Liz's market share of new home sales?
9) If Liz's sales in Q2 are $3,000,000 what is Liz's sales change/growth in sales from Q1 to Q2?
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