Biology Forums - Study Force

Harley Dickerson sells industrial paper products and earns a 4 commission on all sales. Harley earns a 2 bonus on sales that exceed 40,00 . during a month. An additional 1 bonus is earned on any sales that exceed 90,00 . . Calculate Harley's commission for a month on sales of 95,800.

Q. 2

The Moose Hardware Company had ending inventory of 124,300 this year, ending inventory of 142,00 . last year, and 315,00 . as cost of goods sold. Compute the inventory turnover rate.

Q. 3

Select City Run Mall is seeking a salesperson for the Xara showroom. The monthly pay of the salesperson would be 3,800 salary plus a 3.6 commission on sales up to 80,00 . and 7.2 on sales over 80,00 . . The job requirement also states that normal sales should usually be at least 95,00 . . What would be the total pay for a person who sold the expected minimum?

Q. 4

The Moose Hardware Company had cash of 160,000 . current receivables of 136,000 . and current liabilities of 63,000 . Compute the acid test ratio.

Q. 5

An employment agency is seeking a newspaper advertising salesperson. The monthly pay is 2,500 salary plus a 2.5 commission on sales up to 60,00 . and 5 on sales over 60,00 . . The advertisement also states that normal sales should usually be at least 75,00 . . What would be the total pay for a person who sold the expected minimum?

Q. 6

The Moose Hardware Company had total current assets of 379,090 and total current liabilities of 63,000 . Compute the working capital ratio. (Round answer to two decimal places.)

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Easily the best answer :lol:

If so, mark it solved 8-)