How much in sales must she make in a week

Assignment Help Accounting Basics
Reference no: EM133021055

Question - A salesperson is given a choice of two salary plans. Plan 1 is a weekly salary of ?$600 plus 6?% commission of sales. Plan 2 is a straight commission of 8?% of sales. How much in sales must she make in a week for both plans to result in the same? salary? How much in sales must she make in a? week?

Reference no: EM133021055

Questions Cloud

Organization play to combat abuse of power : Find an article from a reputable news source published within the last 30 days that demonstrates an abuse of power. Which of the actual or perceived power bases
How the iphone is made-apple global production system : In its early days, Apple usually didn't look beyond its own backyard to manufacture its devices. A few years after Apple started making its Macintosh computer b
What is the total amount that Bryant Inc should expense : Question - What is the total amount that Bryant Inc. should expense during the year (versus the company capitalizing the costs)
Compute the market price of these bonds on November : Compute the market price of these bonds on November 1, 2020 assuming that the prevailing market interest rate at that time is 8%
How much in sales must she make in a week : Plan 1 is a weekly salary of ?$600 plus 6?% commission of sales. Plan 2 is a straight commission of 8?% of sales. How much in sales must she make in a week
Prepare a bank reconciliation statement : Bank statement shows $10 bank fees and $5 interest on overdraft were charged on 30 June. Prepare a bank reconciliation statement
What will be the business cost of goods sold : Assuming the FIFO periodic cost flow assumption, what will be the business's cost of goods sold for the 120 items sold in 2021
Compute the projected monthly average earnings : The Board of Directors of the company decided to sell 100% of the company for Php 1 Billion. Compute the projected monthly average earnings
What should be abc earnings per share : Net income for the year ended December 31, 2019, was $2,040,000. What should be ABC's 2020 earnings per share

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd