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Determining the average daily sales

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Reference no: EM131980202

Patrick's Daily sales

Monday

5434

Tuesday

5406

Wednesday

5664

Thursday

5423

Friday

5689

Saturday

5395

Sunday

5387

Is it better for Patrick to earn 37.8% based on his average daily sales or a flat $2,150 for the week? In your explanation, please show your calculations.

To find the answer I will need to add up the total sales Patrick earns for the week.

5434 + 5406 + 5664 + 5423 + 5689 + 5395 + 5387 = 38,398

To find out what 37.8% of the total sales earned are, I need to multiply the sum times 37.8%

38,398 x 37.8% = 12,624.44

Therefore, it would be better for him to take 37.8% of his sales as he would have earned 12,624.44 this week.

He would earn 10,474.44 more than taking the 2,500 a week.

12,624.44 - 2,500.00 = 10,474.44

Reference no: EM131980202

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