Adnan Hassan earned 5% commission as a sales trainee. After
promotion to a sales associate, he earned 8% commission. His year-end
report showed $673,874 in total sales and $45,006.52 in commission.
What did his sales total as (a) a sales trainee and (b) a sales associate?

Answers

Answer 1

Answer:

He earns $296780 as a Sales Trainee and $377094 as a Sales Associate

Explanation:

Given

Let x represents his sales as a sales trainee

Let x represents his sales as a sales associate

Total Sales: [tex]x + y = 673874[/tex]

Total Commission: [tex]0.05x + 0.08y = 45006.52[/tex]

Required

Find x and y

Equations

[tex]x + y = 673874[/tex] --- (1)

[tex]0.05x + 0.08y = 45006.52[/tex] --- (2)

Make  y the subject of formula in (1)

[tex]x + y = 673874[/tex]

[tex]y = 673874 - x[/tex]

Substitute this in (2)

[tex]0.05x + 0.08y = 45006.52[/tex]

[tex]0.05x + 0.08(673874 - x) = 45006.52[/tex]

Open Bracket

[tex]0.05x + 53909.92 - 0.08x = 45006.52[/tex]

Collect Like Terms

[tex]0.05x - 0.08x = 45006.52 - 53909.92[/tex]

[tex]- 0.03x = -8903.4[/tex]

Divide through by -0.03

[tex]x = \frac{-8903.4}{-0.03}[/tex]

[tex]x = 296780[/tex]

Recall that

[tex]y = 673874 - x[/tex]

[tex]y = 673874 - 296780[/tex]

[tex]y = 377094[/tex]

Hence;

He earns $296780 as a Sales Trainee and $377094 as a Sales Associate


Related Questions

Bernard is a trainee accountant. His manager asked him to record a loss on the sale of machinery in the business’s temporary account. To which type of account was Bernard’s manager referring? A. Personal B. Real C. Nominal D. Asset E. Liability

Answers

Answer:

The answer is C.

Explanation:

Nominal Accounts are also known as temporary accounts.

Which of the following is not a key element of the Sarbanes Oxley Act to improve corporate governance?a) The establishment of the Public Company Accounting Oversight Boardb) Requiring a company’s annual report to contain an internal control report that includes management’s opinion on the effectiveness of internal controlc) Severe criminal penalties for retaliation against "whistleblowers"d) Requiring that the company’s performance reports are prepared in accordance with generally accepted accounting principles

Answers

Answer:

d) Requiring that the company's performance reports are prepared in accordance with generally accepted accounting principles

Explanation:

The Sarbanes Oxley Act of 2002 was formed to set new guidelines for public companies located in the United States. There are eleven sections contained in the act and three key ones mentioned in the options above include;

1. The establishment of the Public Company Accounting Oversight Board: This board was to be in charge of the registration of auditors, providing auditing services, and overseeing audit forms.

2.  Requiring a company's annual report to contain an internal control report that includes management's opinion on the effectiveness of internal control: Financial reports produced by the companies were to have the certification of the managers and accounting officers of the reporting organizations.

3. Severe criminal penalties for retaliation against "whistleblowers": Severe penalties were to be applied on any who engaged in financial crimes, or even discriminated against whistleblowers.

How do individuals & business benefit from
economic freedom?

Answers

Answer:

The benefit are

1. free markets,

2. rule of law,

3. protection of private property,

and

4. open trade—

that boost prosperity and reduce costs

Explanation:

Please mark me as brainlist answer

how does the health of an economy affect business?

Answers

Answer:

This is a very broad question. The health of the economy affects business in many ways. First of all the health of economy is an outcome of business performance.

You need to think of this case as one comes from another and influences it back. Please find the attached diagram.

Explanation:

Petra is the chief executive officer of the logistics company she reviews her company‘s financial statement regularly when making decisions about further expansion plans how would you categories Petra

Answers

Answer:

Explanation:

Clarification: Accounting is separated into two sections

Section 1: Financial Accounting: The monetary bookkeeping identifies with the planning of the asset report and other fiscal summaries like accounting report, benefit and misfortune record and income. The essential clients are leasers, speculators for these fiscal summaries.

Section 2: Managerial Accounting: The administrative bookkeeping gives data about monetary and money related data for supervisors and other inward clients. They are more adaptable as is required for the board basic leadership. The essential clients are workers, CEOs, and friends' administrators.

Petra is a CEO of coordinations division, consequently falls into administrative bookkeeping clients.

Answer:

B.) Internal User

Commercial hotels are usually in downtown or _____________ districts.

Answers

The answer is Business Districts

Answer:

buisness

Explanation:

Which one of the following products would tend to have inelastic demand?
A) luxury sedans
B) candy
C) crude oil
D) Black Angus T-bone steak

Answers

Answer:

C) crude oil

Explanation:

Crude oil and its byproducts (gasoline, plastic, etc.) have a very inelastic demand, e.g. the price elasticity of gasoline is between -0.02 and -0.04.

On the other hand, luxury goods have a very elastic demand, totally opposite to oil. The same applies for the demand of candies. While the demand for beef tends to be unit price elastic (or near it).

what is a survey in the marketplace

Answers

If this is about economics - it’s a survey from producers to consumers about what is going on in the industry, economy, corporation, etc.

Define principal, interest, & term

Answers

principal: first in order of importance; main.

interest: the state of wanting to know or learn about something or someone.

term: a word or phrase used to describe a thing or to express a concept, especially in a particular kind of language or branch of study.

Answer: the principal is the amount that you borrow from a leader . And the interest is extra money that goes to your Leander in exchange for giving you a loan .

Goods that are considered to be needs tend to be elastic when the price changes. inelastic when the price changes. elastic when the supply changes. inelastic when the supply changes.

Answers

Answer:

B: Inelastic when the price changes.

Explanation:

Goods that are essential in daily life have lower elasticity needs like gas,  water, oil and electricity.

Elastic demands are the requirements when the large price shift affects the demand of the product. While in inelastic the price change affects in a very small manner to the demand.

The correct answer is:

Option B: Inelastic when the price changes.

This can be explained as:

In an economy, when the goods and commodities are in static relation then it is called inelastic.

The increase in the price of the product does not affect the customers purchasing habits in an inelastic system.

Therefore, goods that are considered to be requirements tend to be inelastic when the cost varies.

To learn more about goods, elasticity and inelasticity follow the link:

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"I cannot hear sound from my computer."
1.
2.
3.

Answers

Babes what are you talking about? That’s not a question.

Ess Information Management (BIM) I

Which object tells Word that a formula is being entered into a cell?

O equations

O arguments

O equal sign

O formula mask

Answers

Answer:

O equal sign

Explanation:

The equal sign in the Excel spreadsheet application notifies the program that a formula is about to be entered. For example, to perform a summation by typing into a cell, failing to put the equal sign before sum {= sum} would result in an error.  Notice this difference in the attachment.

Steven manages a team responsible for opening new restaurants of a large, fast-food chain. His team goal is to open eight restaurants in four months' time, and he's mapped out a plan for breaking this goal into actual tasks and projects. As Steven's mentor, what advice do you give him for managing obstacles that might disrupt his progress?

Answers

Answer:

divide all of the current obstacles by the level of urgency and take it one step at a time

Explanation:

When making any sort of plans there will always be unexpected obstacles that prevent/disrupt you from making progress. In these situations, the best advice would be to divide all of the current obstacles by the level of urgency and take it one step at a time. If you try to solve all the problems at once you will get overwhelmed and stressed out. Instead solve one at a time, focusing on the more urgent problems first.

nadia loves to make pottery and would like to open her own business. Is that a business idea or a business opportunity?

Answers

I would say business idea
It’s a business idea because she would like to (dream) in having her own business

hurry!! #10
What is one of the SMART guidelines that help develop objectives?

O Rigorous

O Specific

O Abstract

Theoretica​

Answers

It should be specific

Lara spends her days cultivating new hybrid plants that she sells to Jon. Jon uses these plants to feed cattle because the hybrid plants offer better sources of nutrients. Which most likely explains the jobs of Lara and Jon?

Answers

Answer:

B.Lara works as a Plant Scientist and Jon works as a Farmworker.

Explanation:

A. Lara works as a Nursery Manager and Jon works as a Grader.

B.Lara works as a Plant Scientist and Jon works as a Farmworker.

C. Lara works as a Forester and Jon works as a Farm Management Adviser.

D.Lara works as a Landscaper and Jon works as an Environmental Engineer.

Lara is a plant scientist

Plants scientist refers to people who study different compositions of soil and the effect of the soil on plants. Plants scientist study how plants grows in different soils, pest control, biological and physical makeup of the soil and plants.

Plants scientist are majorly concerned about how to food production.

On the other hand, Jon is a farm worker who uses the plants cultivated by Lara to feed his cattles because those plants cultivated by Lara are better source of nutrients to his cattles.

Answer:

b.

Explanation:

I know so, I took it.

A woman cut her own fabric and sewed her own dress in the

Answers

Answer:production era

Explanation: because production means like to create something

Answer:

Simple trade era

Explanation:

A woman is by herself, which is simple, so it wouldn't be nothing else. I also just got it right.

1. When would a corporation make sense for a business, such as a construction company?

Answers

Answer:

when they can make profits

Explanation:

A corporation simply refers to a company that can be for-profit or non-profit that is authorized and recognized to act as a separate entity in law.

Thus, for a corporation to be categorized or make sense as a business it needs to fulfill the main objective of a business, which is profit-making. By so doing, the construction company would make sense for a business.

what items are taxed in pennsylvania

Answers

Answer:

Tangible products are taxable in Pennsylvania , with a few exceptions. These exceptions include food (not ready-to-eat); candy and gum; most clothing; textbooks; computer services; pharmaceutical drugs; sales for resale; and residential heating fuels such as oil, electricity, gas, coal and firewood.

Explanation:

Answer:

Aye Wassup?

Explanation:

Tangible products are taxable in Pennsylvania, with a few exceptions. These exceptions include food (not ready-to-eat); candy and gum; most clothing; textbooks; computer services; pharmaceutical drugs; sales for resale; and residential heating fuels such as oil, electricity, gas, coal and firewood.

Groceries are generally defined as "unprepared food", while pre-prepared food may be subject to the restaurant food tax rate.

Hope This Helped Bro: "AdamDaAssasin"

You will want to list your work content skills, functional skills, educational history, and work experience in your?

Answers

Answer: yes résumé

Explanation:

Answer: résumé

Explanation: Usually when you list the above given information, you are trying to apply for a job, which needs your education level, your diplomas, etc. -APEX

Why miscommunication and misunderstanding happen

Answers

Answer:

misunderstanding happens due to the distance . misunderstanding happen due to lack of time to solve problem . misunderstanding happens due to third person between two persons . misunderstanding happens due to the virtual world .

g equals the g spot so d equals?

Answers

Answer:

Dark sport

Explanation:

D stands dark

Which of the following is an example of a worker who has work/life balance
conflicts?
O A. A woman refuses to answer emails from the office when she is
not working
B. A man has missed all his daughter's ball games because he works
too much.
C. A woman has her office emails forwarded to a coworker while on
vacation.
D. A man receives notifications when he gets a new email at the
office,

Answers

Answer:

A man has missed all his daughter's ball games because he works

too much.

Explanation:

seems like it

Answer:

A man has missed all his daughter’s ball games because he works too much

Explanation:

A p e x

Which of the following crimes, by definition, involves the use of fear or Force

Answers

Robbery uses fear or force because you are forced to give up your property or threatened with injury

Hope that’s makes sense

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What was the stamp act?
Don't Spam!​

Answers

The stamp act is what happened after a war so that The british could pay off there debt

what do you like to do

Answers

Answer:

I like singing, playing soccer, drawing, painting, and playing video games.

Explanation:

2. An organization's products and services are the driving force in accomplishing
its purpose.
A. True
B. False

Answers

I believe the answer is B. False

Please please please help me please I don’t know how to do it please help me
Can please show all the work please

Answers

Answer:

11) 9 cantaloupes

The answer would be 9 because three cantaloupes cost 7 dollars. And 7 times 3 equals 21. Then we would need to multiply the three cantaloupes by three to get the total amount if she has 21 dollars.

12) 20 Dirhams

The answer would be 20 Dirhams because 4 of them would cost 1 dollar. And if we add 4 more dollars it would equal 5. hen we would need to multiply 4 five times to get the total amount of Dirhams with the exchange of 5 dollars.

13) 8 Bunches of fennel

The answer would be 8 bunches of fennel because it cost 9 dollars for one bunch. And if we multiply it by two then we will get 18. Then if we get 18 we will need to multiply the four bunches by 2 since one bunch cost 9 dollars and two bunches cost 18.

14) Two fruit baskets

The answer would be 2 fruit baskets because if we were to buy on fruit basket it would cost 30 dollars. And we we would buy two it would cost 60 because 30 times 2 is 60.

15) 21 dollars

If I multiply 11.1 by 4 then I would get 44.4. Then I would need to multiply 5.30 dollars by 4 too and I would get 21.2 and round it up I get 21 dollars.

16) 40 peso

If I divide 121.10 by 3 then I would get 40.36... Then I would round the number to the nearest tenth and get 40 pesos.

17) 46 in width

The height / tall of the painting would not be affected because we didn't change the tall only the width. The width however would be 46.2 rounded down to 46. Because if I add 3.3 to 42.9 then I would get 46 as the width.

18) 16 cabbage

I divided 28.80 from 1.80 and get 16.

HELP WILL GIVE BRANLIEST Nicholas has heard that there is a big market for alpaca wool in his area. He plans to open a farm where he can raise alpaca, as well as harvest and sell their wool. List the skills that Nicholas would need to make a success of his farm and cite one way in which Nicholas could acquire those skills.

Answers

Answer:

In order to open his own alpaca farm, Nicholas should know how to run and maintain a farm, how to harvest their wool in a proper and professional manner, and how to sell the alpaca wool at its safest and cleanest state. Nicholas can learn how to do all these things by taking classes, reading books, seeing a person perform these tasks first hand,  or searching online. He should also be practicing.

Explanation:

hope this helped

Nicholas needs to understand how to manage a farm, how to properly and expertly harvest the alpacas' wool, and how to sell the wool in its cleanest and safest condition in order to start his own alpaca farm. Nicholas can learn how to complete all of these jobs by attending classes, reading books, watching someone else do them in person, or through online research. He ought to be exercising as well.

What do you mean by alpaca farming?

The main reason alpacas are bred is for their fibre. Although it is not a production that will make you rich overnight, there is potential to produce exceptional alpacas for sale through careful selected breeding programmes.

Profitable alpaca farming heavily relies on the breeding process. A pregnant woman can be bought for $20,000, and the baby can be sold to aspiring businessmen for $10,000. Female alpacas have a potential return of $157,000 if you count this as 15 productive years. Alpaca upkeep costs are rather minimal.

Therefore, Skills need to harvest alpaca wool farm are explained above.

Learn more about alpaca farming, here;

https://brainly.com/question/28386468

#SPJ3

The order fulfillment process involves which of the following functional areas of a​ business?
A. Manufacturing and​ production, human​ resources, and accounting.B.​ Sales, human​ resources, and manufacturing and production.C.​ Sales, human​ resources, and accounting.D. Human​ resources, accounting, and service.E.​ Sales, accounting, and manufacturing and production.

Answers

Answer:

E. Sales, accounting, and manufacturing and production.

Explanation:

Order fulfillment first takes place in the Sales department - where the Sales team makes known to the customer the products and services available. then the human resources selects talent to help with the production and manufacturing. Accounting function helps determine the cost.

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