BUSINESS HIGH SCHOOL

Calculate a Salary plus Commission. A salary of $3,500 is paid plus a commission of 20% for sales over $10,000. Total sales were $25,000.

Answers

Answer 1
Answer: 3,500+(25,000x0.2)=$8,500

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A maintenance department would be an example of aa. cost center. b. direct expense. c. profit center. d. None of the above
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Eleanor paid an annual premium of $2,000 in total coverage for her homeowner's insurance, including $250,000 in damage coverage and $250,000 in liability coverage. Six years into her policy, a tree fell on Eleanor's home and caused $40,000 worth of damage. Eleanor's insurance company paid the claim. Did the cost of the benefit of transferring the risk to the insurance company outweigh the cost of the premium? Yes, the cost of the annual premium for 10 years was more than the accident claims Yes, the cost of the annual premium for 10 years was less than the accident claims No, the cost of the annual premium for 10 years was the same as the accident claims No, the cost of the annual premium for 10 years was more than the accident claims

Answers

Answer:

Yes, the cost of the annual premium for 10 years was less than the accident claims

Explanation:

Eleanor pays 2,000 dollars per year on premium. In ten-years will pay 20,000 dollars.

The tree caused damage for $ 40,000 thus, more than the premium cost.

It was worthwhile for Eleanor as it paid 20,000 dollar distributed among 10 years for damaged worth $ 40,000

Gullett Corporation had $30,000 of raw materials on hand on November 1. During the month, the Corporation purchased an additional $79,000 of raw materials. The journal entry to record the purchase of raw materials would include a: Multiple Choice debit to Raw Materials of $109,000 credit to Raw Materials of $79,000 debit to Raw Materials of $79,000 credit to Raw Materials of $109,000

Answers

Answer:

The journal entry to record the purchase raw material would include a debit to raw material of $79000 and credit to Raw materials of $109000..

Explanation:

Since the raw material is coming into the company, we have debit raw material and the opening balance is already there in the books of the business. hence raw materials increases.

Explain relevancy and viability of insurance

Answers

Well the main thing about insurance is to insure either your car or home. Its basically required to have insurance unless you want a ticket..

WILL GIVE BRAINLIEST ANSWER!!!! plus 100 pointsBecause of the tender meat required, which of these cooking methods are the most expensive?

A. Braising and frying
B. Grilling and sautéing
C. Steaming and broiling
D. Baking and roasting
Incorrect answer: C
Reference: Section 1.2

Answers

I'd assume grilling and sautéing.

Answer:

B. Grilling and Sautéing

NZMA stock is currently selling for $128. Which of the following options is "in-the-money"? March 130 call March 125 put February 100 put February 125 call

Answers

Answer:

February 125 call

Explanation:

Because, the expression "in the money" means to a situation when the market price of the asset is higher than the strike price for a call or lower than the strike price for a put. The correct answer is the only option that reach this feature

When a business earns more money than it spends, the entrepreneur is paid from the....a. investment.
b. royalties.
c. commission.
d. profit.

Answers

When a business earns more money than it spends, the entrepreneur is paid from the profit. Hence option D is correct.

Profit is the positive difference between a business's total revenue and its total expenses, including the cost of goods sold, operating expenses, and taxes. It represents the financial reward for the entrepreneur's efforts in successfully managing and running the business.

This surplus amount can be used to compensate the entrepreneur for their investment of time, expertise, and capital, as well as reinvest in the business's growth and expansion.

It is a key indicator of a business's financial health and sustainability, allowing the entrepreneur to reap the rewards of their hard work and strategic decisions.

Therefore option D is correct.

Learn more about profit here

brainly.com/question/31133512

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answer a. investment.
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