The Moose Hardware Company had net income of 60,00 . and owners' equity of 316,090 . Compute the ...

The Moose Hardware Company had net income of 60,00 . and owners' equity of 316,090 . Compute the rate of return on investment. Express your answer as a percentage. (Round answer to two decimal places.)

Q. 2

A home furnishings salesperson works on a commission-only basis. He earns an 11 commission on all sales that are final, i.e., merchandise is not returned. Last month sales were 48,500 . but 7,400 worth of furnishings were returned. What was the salesperson's commission for last month?

Q. 3

The Moose Hardware Company had net income of 60,00 . and net sales of 470,000 . Compute the relationship of net income to net sales. Express your answer as a percentage. (Round answer to two decimal places.)

Q. 4

A salesperson gets paid a salary of 2,150 per month, with a graduated commission plan that pays 2.5 on sales up to 40,000 . 3 on sales between 40,00 . and 80,000 . and 3.5 on sales over 80,00 . . Compute the total pay for the salesperson during a month when sales were 106,500.

Q. 5

The Moose Hardware Company had accounts receivable of 136,00 . and net sales of 470,000 . Compute the ratio of accounts receivable to net sales. (Round answer to two decimal places.)