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Fittoniya [83]
2 years ago
15

Adnan Hassan earned 5% commission as a sales trainee. After

Business
1 answer:
wel2 years ago
8 0

Answer:

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

<em />

Explanation:

Given

Let x represents his sales as a sales trainee

Let x represents his sales as a sales associate

Total Sales: x + y = 673874

Total Commission: 0.05x + 0.08y = 45006.52

Required

Find x and y

Equations

x + y = 673874 --- (1)

0.05x + 0.08y = 45006.52 --- (2)

Make  y the subject of formula in (1)

x + y = 673874

y = 673874 - x

Substitute this in (2)

0.05x + 0.08y = 45006.52

0.05x + 0.08(673874 - x) = 45006.52

Open Bracket

0.05x + 53909.92 - 0.08x = 45006.52

Collect Like Terms

0.05x  - 0.08x = 45006.52 - 53909.92

- 0.03x = -8903.4

Divide through by -0.03

x = \frac{-8903.4}{-0.03}

x = 296780

Recall that

y = 673874 - x

y = 673874 - 296780

y = 377094

<em>Hence;</em>

<em>He earns $296780 as a Sales Trainee and $377094 as a Sales Associate</em>

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Answer: (B) Production house

Explanation:

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Therefore, this company performing  this type of functions is known as the production house.    

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2 years ago
a sole proprietor with a tentative loss may deduct which of the following for qualified business use of home expenses?
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Complete Question:

A sole proprietor with a tentative loss may deduct which of the following for qualified business use of home expenses?

a. depreciation

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c. rent

d. Utilities

Answer:

b. mortgage interest

Explanation:

The sole proprietor with a tentative loss may deduct expenses for mortgage interest, mortgage insurance premiums, and real estate taxes under the normal rules.   The sole proprietor is not allowed to deduct other expenses that are normally tax-exempt expenses, including depreciation, rent, and utilities.  The amount to be deducted for mortgage interest should not exceed the percentage for business use.

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2 years ago
A price index that tends to be a leading indicator of future inflation rates is the
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Answer:

Producer price index

Explanation:

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Producer price index refers to the price index which measures the change in the average price received by the producers for their output over a specified period of time.

The producer price index doesn't takes into account the effect of indirect taxes but wholesale price index takes the effect of indirect taxes.

It is calculated as follows:

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1 year ago
Davidson international has 13,700 shares of stock outstanding at a price per share of $28. the firm has decided to repurchase 50
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The shareholder equity is equal to:

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Your grandfather wants to establish a scholarship in his father’s name at a local university and has stipulated that you will ad
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Answer:

the answer for the first question is $166667.

the answer for the second question is $210526

the answer for the third question is An inverse.

Explanation:

given information that i will invest in a $10000 scholarship that will pay forever.

the interest rate charged is 6.00% per annum therefore this is a perpetuity present value problem where there is streams of income forever therefore we use the formula :

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the relationship is indirect cause as the interest rate decreases the present value of the perpetuity that must be invested increases.

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