Solution-Associate professor of economics

Associate professor of economics

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Reference no: EM131268922

1. Hillary Morgan is an associate professor of economics at Hillsboro Sate University. Hillary is paid an annual salary of $48,300. What is her monthly salary?

2. Dr. Reed Walker teachers at Tyler Community College and receives an annual salary of $52,800. Dr. Walker prefers to have his salary paid over nine months. What is his monthly salary?

Gene Jordan receives a salary of $440 per week plus 18% commission on all net sales over $2,800. Gene's total sales last week were $5,500. Returned sales were $1,250.

3. What were Gene's gross earnings for the week?

4. What would Gene's gross earnings have been if there were no returned sales?

5. Dimetria Farnsworth has been making $395 per week plus a 20% commission on all sales over $2,500. Dimetria received a $25 a week raise in her salary. Her commission rate and amount stayed the same. Her total sales this week were $3,800. She also had $430 in returned sales. What were Dimetria's gross earnings for the week?

Reference no: EM131268922

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Associate professor of economics

Reference no: EM131268922

Reference no: EM131268922

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