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Question - Dimetria Easterling agreed to work on straight commission earning 10% of his total sales. He had been making a salary of $295 per week plus a 10% commission on all sales over $3,500. Delberts total sales for this week were $6,700. What were Delberts gross earnings this week under the new arrangement of 10% of all sales?
The total assets and total liabilities (in millions) of Dolar Tree Inc and Target Corporation follow: Assets $2,772 Dollar Tree $44,553 Target Liabilities 1,601 Dollar Tree 28,322 Target Determine the stockholders equity of each company
Caterpillars Inc., a manufacturing company, acquired equipment on January 1, 2012 for $500,000. Estimated useful life of the equipment was 7 years and the estimated residual value was $10,000. On January 1, 2015, after using the equipment for 3 years..
4) Accounts receivable valued at $40,000 are sold for $38,000. How is the difference of $2,000 treated in the entry to record the sale?
Provide a discussion on the relevance of the assumptions of the economic order quantity model in today's economy.What is the number of orders per year?
Social Security tax is 6.2% on the first $128,400 of earnings for each employee. Calculate the amount of taxable earnings for unemployment
If bond interest expense is $900,000, bond interest payable increased by $9,500 and bond discount decreased by $2,200, cash paid for bond interest is:
After making a down payment of $6000, What was the original cost of the car? What portion of Murphy's total car payments went toward interest charges?
The D.J. Masson Corporation needs to raise $500,000 for 1 year to supply working capital to a new store. Find the effective annual interest rate of trade credit
Prepare To record the correct amount of expense for December Weld-Rite makes the following entry on December 31. Assume December 31 is a Monday.
When a city received a private donation of $1,000,000 stipulating that the principal donation would be preserved but allowing the interest income to be spent on building a city park with access for disabled children, illustrate which fund should t..
Eisler Corporation issued 2,300 $1,000 bonds at 103. Each bond was issued with one detachable stock warrant. After issuance, the bonds were selling in the market at 99, and the warrants had a market price of $41. Use the proportional method to record..
A commercial bank,The annual interest rate on the loan is 10.90 percent of the unpaid balance. What is the amount of the monthly payments?
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