A car salesperson had $84,784 in total monthly sales for April and $107,270 in May. The salesperson earned $4,865 in total commission from those sales combined.


What is the salesperson's commission as a percent of the total monthly sales?


Enter your answer, rounded to the nearest tenth of a percent, in the box.

Answers

Answer 1

Answer:

2.5%

Explanation:

Answer 2

Answer:

2.5

Explanation:

I took the test


Related Questions

Tyrell Corporation, a manufacturer of smartphones, has entered into a 15-year partnership with a software company to develop sophisticated operating systems and innovative mobile applications for its phones. This would mean that both the companies will have to mutually share their resources, knowledge, and capabilities to develop a superior product. What is the relationship between Tyrell Corporation and the software company best referred to as in this scenario

Answers

Answer:

strategic alliance

Explanation:

Strategic alliance can be regarded as an arrangement set up between two companies so that they can undertake a mutually beneficial project , even though each of the companies still retains its independence. This type of agreement can be regarded as been less complex compare with a joint venture, it is as well less binding than a joint venture, whereby two businesses gathered together resources so s to create a separate business entity.

Franchising offers all the following benefits for franchisers except Group of answer choices franchise agreements require a certain standard of behavior from franchisees, which helps protect the franchise name. franchisers can retain control of their name while increasing global penetration of their products. the franchisee's revenue stream is fairly consistent because franchisers pay fixed fees and royalties. the franchiser's revenue stream is fairly consistent because franchisees pay fixed fees and royalties. franchisers do not have to put up a large capital investment.

Answers

Answer:

Franchising offers all the following benefits for franchisers except

the franchisee's revenue stream is fairly consistent because franchisers pay fixed fees and royalties.

Explanation:

When a franchisor gives a franchisee the authority to do business in the franchiser's trade name, using its business system, it is called franchising.  The franchisee pays a royalty, including an initial franchise fee, to the franchisor in exchange for this right.  In this business arrangement, the franchise right confers on the franchisee the authority to establish branches of the franchising company.

Firms A and B plan to collude in an economy for their similar​ products, which includes the grim strategy for punishment. They plan to set the price of their product at​ $8. The marginal cost of Firm A is​ $5 and Firm B is​ $4.50. If firm A is impatient to earn more profits and Firm B wishes to last in the business for the​ long-run, which of the following situations would likely​ occur? A. Firm B reduces the price to​ $7 causing Firm A to exit the market. B. Firm B reduces the price to​ $7 causing Firm A to reduce its price to​ $7. C. Firm A reduces the price to​ $7 causing Firm B to reduce its price to​ $4.50. D. Firm A reduces the price to​ $7 causing Firm B to exit the market.

Answers

Answer: C. Firm A reduces the price to​ $7 causing Firm B to reduce its price to​ $4.50.

Explanation:

Since firm A is impatient to earn more profits and Firm B wishes to last in the business for the​ long-run, then Firm A will reduce the price to​ $7 causing Firm B to reduce its price to​ $4.50.

Since Firm A reduces the price to​ $7, this will lead to an increase in the quantity demanded of the product and therefore the firm can earn more profit. On the other hand, firm B will reduce its price to a point where the price meets the marginal cost which is $4.50.

HELP IN BUSINESSS!!!! An economy produces two goods, x and y. A year ago the price of x was $4 and the price of y was $6. Today the price of x is $8 and the price of y is $10. What happened to the nominal and the real value of good x? What happened to the nominal and real value of good y?

Answers

Answer:

Since an economy produces two goods, X and Y, already a year ago the price of X was $ 4 and the price of Y was $ 6, while today the price of X is $ 8 and the price of Y is $ 10, what happened did not it is something other than an inflationary process, by which the values of goods have increased their value, both nominal and real, that is, both in monetary terms and in terms of the purchasing power of the individuals who develop in said economy.

Thus, good X went from being worth $ 4 to $ 8, which implies a change in nominal terms of $ 4, and in real terms an inflation of 100% year-on-year (8 x 100/4 - 100).

On the other hand, good Y went from being worth $ 6 to $ 10, with which nominally it also increased $ 4, but in real terms there was an inflation of 66.6% (10 x 100/6 - 100).

Short Answer Questions What is a public enterprise? Explain the main features of public enterprises. 1.​

Answers

Answer:

A business organization wholly or party owned by the state and controlled through a public authority is called public Enterprise.

Government ownership and control,main motive of service,autonomy,continuity is one feature of public Enterprise.

A company has the following: Cash balance per books, December 31, $82,600. Note receivable of $1,750 plus $250 of interest collected, $2,000. Outstanding checks, $4,900. Deposits in transit, $2,500. Bank service charges, $50. NSF check, $650. The company erroneously recorded a $1,000 cash payment on its books as a $100 cash payment. Also, the bank erroneously deducted $300 from the company’s checking account. The bank should have taken the money from a different customer’s account. How much is the adjusted cash balance per books on December 31?

Answers

Answer:

$83,000

Explanation:

Calculation to determine How much is the adjusted cash balance per books on December 31?

Balance per books on Dec. 31, $82,600

Add Note collected by the bank including interest $2,000

Less Bank service charge ($50)

Less NSF check ($650)

Less Book error ($900)

($1000-100)

Adjusted cash balance per books $83,000

Therefore the adjusted cash balance per books on December 31 is $83,000

What scenario would call for you to
consider other funding options instead of
short-term and long-term debt?
A. You have plenty of cash flow and are looking to grow
with new equipment.
B. You have a small cash position, but you are adding
multiple clients monthly.
C. Your cash flow is terrible and your accounts payable are
extremely late.

Answers

Answer:

A.you have plenty of cash flow and are looking to grow with new equipment.

Explanation:

Sana makatulong po sainyo/ihope it helps for you

Labor and management at Leo Trucking cannot seem to agree upon a contract for the truck drivers. As each side contends that they are bargaining fairly, no agreement seems to be possible. The drivers are threatening to go on strike, and management knows that such a strike would prove to be costly. None of the parties involved in the dispute wants to reach a win-win agreement. They are each highly focused on their demands, which they would like to achieve, otherwise known as their ________ points. target tolerance focal distribution resistance

Answers

Answer:

resistance points

Explanation:

In simple words, The resistance level can be understood as the lowest point where a mediated settlement will be accepted. For a vendor, this implies the smallest number (minimum) or end result they are willing to take, whereas for a purchaser, it implies the highest number (upper limit) or bottom boundary they are willing to spend.

Thus, from the above we can conclude that the correct answer is resistance point.

Suppose a project with a negative net present value would provide intangible benefits. To estimate the annual value of intangible benefits needed to accept the project, ______ the negative net present value excluding intangible benefits by the ______.

Answers

The fill-in-the banks could be filled with the divide , and the present value factor for an annuity.

The information related to the net present value is as follows:

The net present value is the difference between the present value of the cash flows and the initial investment. If the net present value comes in positive that means the project should be accepted and if it is in negative so it should be rejected.

Now in order to measure the annual value of an intangible benefit for accepting the project:

We have to divide the net present value that comes in positive that does not include the intangible benefits from the present value factor for an annuity.

Therefore we can conclude that The fill-in-the banks could be filled with the divide , and the present value factor for an annuity.

Learn more about the net present value here: brainly.com/question/7331341

Mohammad was an employee in the new product development department of Estay Inc. Mohammad was directly involved in the development of a new product that Estay intended to launch in 6 months. Estay took great care to keep information concerning the new product a secret. Ceries, Inc., a competitor of Estay, persuaded Mohammad to leave Estay to direct Ceries' marketing department. Which statement is correct

Answers

I do not see options?

¿Qué es la Biblia y qué significa?

Answers

The Bible is a religious text used by all Christians because it is supposed to be the word of god handed down by Abraham and Moses and in the second testimony (part, which jews don’t believe) it is written primarily by Jesus’ disciples. It matters because it is suppose to be what values the most to believers of Jesus and/or God.

Respuesta:

Biblia significa: conjunto de libros canónicos que en el judaísmo y el cristianismo se consideran producto de inspiración divina y un reflejo o registro de la relación entre Dios y la humanidad.

Sports and marketing have to compete on which angle if they want to be relevant to the 21st century market?

cheapest prices

scarcest supply

most appealing

quickest distribution

Answers

Answer:

cheapest prices

Explanation:

Marketing can be defined as the process of developing promotional techniques and sales strategies by a business firm, so as to enhance the availability of goods and services to meet the unending requirements, needs or wants of the end users or consumers through advertising and market research. Thus, it comprises all the activities such as, identifying, anticipating set of medium and processes for creating, promoting, delivering, and exchanging goods and services that has value for customers.

In sales and marketing, pricing of products is considered to be an essential element of a business firm's marketing mix because place, promotion and product largely depends on it.

Price can be defined as the amount of money that is required to be paid by a buyer (customer) to a seller (producer) in order to acquire goods and services. Thus, it refers to the amount of money a customer or consumer buying goods and services are willing to pay for the goods and services being offered.

Hence, sports and marketing have to compete on the cheapest prices, if they want to be relevant to the 21st century market because it's the most important factor that influences the willingness of a consumer to buy a good or take a service.

General Staff immediately come together and begin developing strategies. General Staff Chiefs are: Evaluating staffing and supervisory needs in the Incident Command Post. Identifying resource shortfalls. Updating planning documents. What NIMS Management Characteristics are you supporting

Answers

Select all that apply.

Common Terminology

Management by Objectives

Incident Action Planning

Manageable Span of Control

Unified Command

Accountability

Answer:

Management by Objectives

Incident Action Planning

Manageable Span of Control

Explanation:

Considering the information given in the question, the NIMS Management Characteristics I am supporting are:

1. Management by Objectives

This is because, by Management by Objectives, the General Staff are making strategies according to the previous objectives.

2. Incident Action Planning

This is because, by Incident Action Planning, the General Staff are revising planning documents that will comprise staffing and resource necessities.

3. Manageable Span of Control

This is because, by Manageable Span of Control, General staff chiefs are assessing staffing requirements in the Incident Command Post. This is to make sure each supervisor only has personnel that can be managed.

Which section of the unqualified audit report on the effectiveness of ICFR would the following statement belong in: "We have audited the internal control over financial reporting of The Bread Company as of December 31, 2020 based on the criteria established in the Internal Control Integrated Framework issued by the Committee of Sponsoring Organizations of the Treadway Commission"

Answers

Answer: Opinion paragraph

Explanation:

ICFR simply refers to the controls that are designed specifically to address the risks that are related to financial reporting. The ICFR of a company provides assurance that the financial statement of a company are reliable and are prepared based on what the IFRS requires.

The section of the unqualified audit report on the effectiveness of ICFR that the statement asked belong in is the opinion paragraph.

Family Fashions Corporation discontinued Kid-Choice, its entire line of children's clothing, in November of 2009. Prior to the disposal, Kid-Choice generated a loss of $600,000 (net of tax) for the period from January through the sale date. Because of the value of the real estate and machinery, there was a gain of $850,000 (net of tax) on the actual sale. How should this situation be reported in the financial statements of Family Fashions for 2009

Answers

Answer: A $250,000 gain should be in the "discontinued operations" section of the income statement.

Explanation:

Since there was a loss of $600,000 for the period from January through the sale date while there was a gain of $850,000 on the actual sales, then the situation should be reported in the financial statements of Family Fashions for 2009 as a gain of ($850,000 - $600,000) = $250,000 should be in the "discontinued operations" section of the income statement.

Discontinued operations refers to the part of the business which has been shut down or divested. They're separated from the continuing operations when reported.

Plankton Company uses LIFO for all of its inventories. During its second quarter of 20X1, Plankton experienced a LIFO liquidation. Plankton fully expects to replace the liquidated inventory in the early part of the third quarter. How should Plankton report the inventory temporarily liquidated on its income statement for the second quarter

Answers

Answer: Cost of goods sold for the second quarter should include the expected replacement cost of the goods temporarily liquidated

Explanation:

LIFO and FIFO are the methods that are used for inventory management. In order for Plankton to report the inventory temporarily liquidated on its income statement for the second quarter, the cost of goods that is sold for the second quarter should consist of the expected replacement cost of the goods temporarily liquidated.

You are new to an organization and do not really know what to expect about the socialization process. You recently received your MBA and have an undergraduate degree in computer science. Your new firm is a software development company with an emphasis in the healthcare industry. Your hiring process included campus interviews, a daylong trip for an interview at the company, an offer phone call and letter, and some promotional material sent via the mail. When you arrive for your first day at work, you spend half a day in an orientation session that is conducted by the human resources department, where you complete paperwork and receive a company handbook. Then you spend the rest of the day with your supervisor, who gives you a tour, introduces you to your co-workers, and explains your first project. After that, you begin working and getting to know the others in the company. You find that in most respects, your experience fits your expectations, but in some ways you are surprised by realities that you hadn't expected. None of these surprises is too difficult to accept, so you eventually begin to feel at home and happy with your new job. When you begin to notice things that are not as you expected, you are in the ________ stage of socialization. encounter post-arrival orientation prearrival metamorphosis

Answers

Answer: encounter

Explanation:

Since the person is new to the organization and begin to notice things that are not going as expected, then the person is in the encounter stage of socialization.

Encounter stage is known as the second phase of socialization. It is the point of entry when a person first enters their new job. It depicts change and is a surprise of the newcomer.

Your friend Reggie needs to write a resume and asked for your help. In at least 150 words, create a guide for Reggie. What are the essential parts of the resume? What will he need to include? What will he need to avoid? Include information about how he should organize.

Answers

Answer:

Name

Address

Contact Number

Objective

Work Experience

Extra Curricular Activities

School Graduated

Referral

Signature

Explanation:

Simple steps in making a Resume

Nasir finds a used car for $4,000.00. It has all of the features he wants. He compares prices of similar cars at other car lots and finds the best deal at the local used car lot. The car looks even better than it did in pictures. It has a nice paint job, new tires, and new windshield wipers. Nasir pays $300.00 for a down payment and then purchases the car. He also bought an extended warranty and detailed car washing. What did he forget to do

Answers

Answer: a. Check the car for mechanical problems

Explanation:

Much like a house needs to be inspected before you move in, so also does a car. Especially when that car is an already-used car.

Regardless of how well the sellers may have made the car look aesthetically, Nasir should still have the car checked for mechanical problems as these are not visible upfront but can be very troublesome if present.

Checking the car would also enable him negotiate better because it would show the exact condition and he can take this into account during price negotiations.

Identify a romantic couple in a TV series or movie that goes through several of Knapp's Stages of Relational Development. Describe how they went through each stage and what events or behaviors made it clear that the characters were in each of these stages. At what stage were the characters when the TV series or movie ended?

Answers

Answer:

Stagnation

Explanation:

There are several stages in Knapp's stages of relational development. The  stages are as,

Experimentation

Intensifying

Integration

Bonding

Differentiation

Circumscribing

Stagnation

Avoidance

Termination

I recently saw a movie in which there was a couple who was going through integration period of Knapp's relational development. They express their love for each other and plans to marry soon. Once they are married they identify the difference in their cultures because both of them belonged to different religion. The difference start to create problems between them and they now quarrel with each other over small things. The relation goes into circumscribing stage where there is less exchange of information between the couple and they avoid talking to each other. There is an increase communication gap between two. As the movie moves to climax both of them are in Stagnation stage where each of them feels stuck in this relationship and suddenly there is an accident and one of them dies. The movie ends with lifetime regrets for the one who survives.

The mere existence of natural resources in a country does not contribute to economic progress unless some conditions prevail.state the condition

Answers

Answer:

ᴀꜱ ᴡᴀʀᴍ ᴀꜱ ꜱᴜɴ

ᴀꜱ ꜱɪʟʟʏ ᴀꜱ ꜰᴜɴ

ᴀꜱ ᴄᴏʟᴅ ❄️ ᴀꜱ ᴀ ᴛʀᴇᴇ

ᴀꜱ ꜱᴄᴀʀʏ ᴀꜱ ꜱᴇᴀ

ᴀꜱ ʜᴏᴛ ᴀꜱ ꜰɪʀᴇ

ᴀꜱ ᴄᴏʟᴅ ᴀꜱ ɪᴄᴇ

ꜱᴡᴇᴇᴛ ᴀꜱ ꜱᴜɢᴀʀ

ᴀɴᴅ ᴇᴠᴇʀʏᴛʜɪɴɢ ɴɪᴄᴇ

ᴀꜱ ᴏʟᴅ ᴀꜱ ᴛɪᴍᴇ ⌛

ᴀꜱ ꜱᴛʀᴀɪɢʜᴛ ᴀꜱ ʟɪɴᴇ ➖

ᴀꜱ ʀᴏʏᴀʟ ᴀꜱ ᴀ ᴀɴɢᴇʟ☺️

ᴀꜱ ʙᴜᴢᴢᴇᴅ ᴀꜱ ʙᴇᴇ

ᴀꜱ ꜱᴛᴇᴀʟᴛʜ ᴀꜱ ᴛɪɢᴇʀ

ꜱᴍᴏᴏᴛʜ ᴀꜱ ɢʟɪᴅᴇʀ

ᴘᴜʀᴇ ᴀꜱ ʜᴇᴀʀᴛ ❤️

ᴘᴜʀᴇ ᴀꜱ ɪ ᴡᴀɴɴᴀ ʙᴇ

Explanation:

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Which of the following is NOT an example of an explicit cost? Multiple Choice The income the owner could have earned in his or her next best employment opportunity. The salaries paid to the managers who help run the business. The overtime wages paid to workers. The rent the owner pays each month to lease office space.

Answers

Answer:

The income the owner could have earned in his or her next best employment opportunity.

Explanation:

Explicit cost includes all the amounts expended in running the business. It is used in calculating accounting profit. Examples are wages, rent, cost of equipment

The income the owner could have earned in his or her next best employment opportunity is an example of an implicit cost

Implicit cost is the cost of the next best option forgone when one alternative is chosen over other alternatives. It is used in calculating economic profit.

Karl and Kara own a business that specializes in providing outdoor adventure experiences for tourists. They employ a staff of eight adventure guides who are responsible for providing each client with a safe and enjoyable outdoor experience. Recently, Karl and Kara received a number of complaints about the guides from clients. Karl believes that the problem can be resolved by providing the guides with additional customer service and communication training. But Kara suggests that before investing resources into training, they should conduct a needs assessment to see if training is the best solution, and if so, which type of training would be the most beneficial.

Answers

Answer: Needs assessment

Explanation:

Your question isn't well written as you've already given the answer to the question which is needs assessment.

A needs assessment is used for determining the needs as well as addressing the needs between the present conditions and the desired conditions.

The main purpose of needs assessment is in order to know the people whom are in need and the types of needs.

Ground water is a vital water resource in the Choushui River area of Taiwan. A significantly increased demand for water, resulting from rapid economic development, has led to large scale ground water extraction. Overdraft of ground water has considerably lowered the ground water level, and caused seawater intrusion, land subsidence, and other environmental damage. Sound ground water management thus is essential. Chinese government officials have set up a(n) _____ system that allows it to make water management decisions using interactive computer models based on real-world processes. Group of answer choices

Answers

Answer:

Decision support

Explanation:

A decision support system (DSS)

This is simply known as a computer program application. it helps in breaking down (analyzes) of  business data and bring it out in a way that users can make business decisions more quick and easy. it is also known as a form of an organized collection of people, procedures, software, databases, and devices that helps decisions making that solves problems. they are often used at all levels. DSS capitalizes on decision-making effectiveness regarding unstructured or semistructured business problems and it provides rapid access to information, handles large amounts of data from different sources, provides report and presentation flexibility etc.

Decision support systems are often compared to artificial intelligence agents.

Project A has an initial cost of $75,000 and annual cash flows of $33,000 for three years. Project B costs $60,000 and has cash flows of $25,000, $30,000, and $25,000 for Years 1 to 3, respectively. Projects A and B are mutually exclusive. The incremental IRR is _______ and if the incremental IRR is lower than the required rate of return then Project _______ should be accepted.

Answers

Answer:

12.89%

the project should not be accepted

Explanation:

Incremental IRR can be determined by subtracting the cash flows of the project with the smaller cost from the cash flows of the project with the higher initial cost then using the cash flow derived to calculate the IRR

Internal rate of return is the discount rate that equates the after-tax cash flows from an investment to the amount invested

IRR can be calculated with a financial calculator  

Incremental cash flow in year 0 = -(75,000 - 60,000) = -15,000

Incremental cash flow in year 1 = 33,000 - 25,000 = 8,000

Incremental cash flow in year 2 = 33,000 - 30,000 =  3,000

Incremental cash flow in year 3 =  33,000 - 25,000 = 8,000

IRR = 12.89%

A project should be accepted only if the incremental IRR is greater than the required return. If this is not the case, the project should not be accepted

To determine IRR using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the IRR button and then press the compute button.  

IF YOU KNOW BUSINESS!!! PLS I NEED HELP!!!!
Open-market purchases by the Fed

a. make the price level and value of money fall.
b. make the price level rise, and make the value of money fall.
c. make the price level and make the value of money rise.
d. make the price level fall, and make the value of money rise

Answers

Answer:

a is the acceleration of the declaration

Jessica is new to international marketing and assumes that if a country speaks a similar language as another country then both of those countries will also be interested in the same types of products and services. Jessica appears to be suffering from

Answers

Answer:

an illusion of similarity.

Explanation:

It is correct to say that in this case, Jessica seems to be suffering from an illusion of similarity, in that she believes that two countries will be interested in the same types of products and services because they speak similar languages.

This is an illusion that can cause difficulties in a company's marketing positioning, as each country has its social and cultural particularities that must be considered when planning an international marketing strategy, as it must be aligned with local culture, taste and preferences so that a company can be well accepted and competitive in the international market.

A _______________ guarantees that if the contract owner of a variable annuity dies prior to annuitization the beneficiary will receive at least as much from the variable annuity as the owner paid in premiums.

Answers

Answer:

Guaranteed Death Benefit

Explanation:

A guaranteed death benefit may be defined as a benefit term which guarantees that a beneficiary will surely receive a [tex]\text{death benefit}[/tex] if the annuitant expires or dies before the annuity begins paying the benefits.

It is a safety net where when the annuity dies while making the payments or the contract is in the accumulation phase.

Variable annuity is defined as an agreement or a [tex]\text{contract}[/tex] between a person and the [tex]\text{insurance company}[/tex], under which the [tex]\text{insurer agrees}[/tex] to make [tex]\text{periodic payments}[/tex] to the person, beginning either immediately or at some future date.

Thus, [tex]\text{Guaranteed Death Benefit}[/tex] guarantees a beneficiary to receive payments from the variable annuity which is guaranteed by the Guaranteed Death Benefit when the contract owner of the variable annuity dies before annuitization.

Define service level. Multiple choice question. It is the ratio between average inventory and the level of sales. It is the measure of how well the objective of meeting customer demand is met. It is the number of days of business operations that can be supported with the inventory on hand. It is an event that occurs when no inventory is available.

Answers

Answer:

It is the measure of how well the objective of meeting customer demand is met.

Explanation:

A residence was assessed annual county property taxes of $5,000. The residence was occupied by a life tenant who lived on the premises rent-free. The residence could have been rented to a third party for $2,000 a month. The life tenant did not pay the property taxes. Instead, the holder of the remainder interest paid them to prevent the county from imposing a lien on the property or possibly foreclosing on the property. The fair market value of the life estate was 10 percent of the fair market value of the property held in fee simple absolute. Can the holder of the remainder interest recover the tax payment from the life tenant

Answers

Answer: Yes, because the life tenant owes the holder of a remainder interest a duty to pay the property taxes.

Explanation:

Based on the information given, the holder of the remainder interest can recover the tax payment from the life tenant because the life tenant owes the holder of a remainder interest a duty to pay the property taxes.

It should be noted that it's the obligation of life tenants to pay all ordinary taxes on the land as well as the interest on the mortgage. In a situation whereby an incime isn't produced by the property like in the scenario given in the question, then the life tenant will be responsible for the taxes and the interest on the mortgage to the extent of a reasonable rental value of the land.

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