Lynn and michael have been offered jobs

Reference no: EM13757602

Lynn and Michael have been offered jobs where they will be paid strictly on commissions. They expect to receive 4% commissions on all sales of Solar Panels they close. Lynn's goal is to earn a gross salary of $60,000 a year. Michael's goal is to earn a gross salary of $20,000 a year part-time. How much in Solar Panel sales would Lynn and Michael need in order to reach their targeted salaries? Show your work.

Reference no: EM13757602

Questions Cloud

Computing wacc : A firm just paid a dividend of $1.50 and the growth rate of dividends is constant at 3%. The firm's shares are trading at $32.50 each. In computing WACC, the firm's cost of equity is?

Paper on a specific web or mobile application : Write a 700 word paper on a specific web or mobile application

Price of a company using the dividend discount mode : Calculate the price of a company using the Dividend Discount Model, the Free Cash Flow model, and the Ratio comparison. The company you will study is Intel, only now you will use the 2014 financial statement, which is in the Intel website. As return ..

Describe entities and attributes that the website must track : Describe entities and attributes that the website must track.

Lynn and michael have been offered jobs : Lynn and Michael have been offered jobs where they will be paid strictly on commissions. They expect to receive 4% commissions on all sales of Solar Panels they close. Lynn's goal is to earn a gross salary of $60,000 a year.

Describe the ongoing maintenance that will be required : Provide a workflow diagram in Visio or equivalent software to illustrate how the system will work. Explain the costs involved in the creation of the system

Procedural programming and object-oriented programming : What are the similarities between procedural programming and object-oriented programming? What are the differences between procedural programming and object-oriented programming

Purpose of generally accepted accounting principles : What is the purpose of generally accepted accounting principles (GAAP) and the accounting cycle? Is it possible to deviate from GAAP and the accounting cycle and still prepare financial statements? Why? What are some possible consequences of this ..

Use other modes of writing such as description comparison : Essay structure carefully. Avoid including details that do not serve to advance or complete your definition. As always, I expect your essay to contain a strong introduction that includes your essay's thesis, a coherent and focused body that effective..

User Account

All Pages