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Rydilly17 Rydilly17
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Posts: 371
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6 years ago
The balance sheet of Lawn Products, Inc showed accounts receivable of 84,750 in 200 . and 134,750 in 200 . . Compute the percentage of increase in accounts receivable. (Round answer to one decimal place.)

Q. 2

A salesperson in a furniture store receives a weekly salary of 1,250 . She also earns a commission of 6 on all sales for the week and a bonus of 2 on all sales above 5,00 . for the week. How much would she earn if her total sales for the week were 9,420?

Q. 3

The comparative income statement of Lawn Products, Inc showed net income of 24,500 in 200 . and 27,300 in 200 . . Compute the percentage of net change in net income. (Round answer to one decimal place.)

Q. 4

An insurance broker receives a monthly salary of 3,460, plus a commission of 10.5 on all sales. Compute total pay for a month in which he sold 80,965 worth of insurance policies.

Q. 5

The comparative income statement of Lawn Products, Inc showed net income of 24,500 in 200 . and 27,300 in 200 . . Compute the dollar amount of net change in net income.
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Replies
wrote...
6 years ago
Ans. #1

59

Ans. #2

9,420 - 5,00 . = 4,420; 9,420  0.06 = 565.20;
4,420  0.02 = 88.40; 565.20 + 88.40 + 1,250 = 1,903.60

Ans. #3

11.4

Ans. #4

80,965  0.105 = 8,501.33; 8,501.33 + 3,460 = 11,961.33

Ans. #5

2,800
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