This table shows the amount of commission earned for a broker receiving 3% commission on sales. How much would this agent earn in commission for $600,000 in sales? Commission Earned Sales (in thousands of S) 120 240 360 480 600 Commission (in thousands of S) 3.6 72 10.8 14.4 A. $180,000 B. $18,000 C. $200 D. $20,000

Q: 22. A 182-day, $250,000 Treasury BIll originally Issued at 6.6% was sold at 5.9%, 82 days after It…

A: The selling price of the treasury bill will be the present value of the par value for the remaining…

Q: 1. How much commission will you earn if your sales amounted to P140 950 and you receive a fixed…

A: Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: a. A car dealer offers payments of $499 per month for 72 months on a $39,000 purchase of a car, but…

A: Compound = Monthly = 12monthly Payment = pmt = $499Time = nper = 72Purchase price of Car =…

Q: MULTIPLE OPTIONS The conditions of sale for Mulch Corporation are net/90. On average, their…

A: The average investment in receivables can be estimated with the help of days sales outstanding…

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A: Cost Accounting is a process of identification, classification, measurement, and assignment of costs…

Q: 1. Isabel Fischer, paper sales. 9% commission on first $1400. 11% commission on amount over $1400.…

A: The total commission can be calculated as per the commission structure. First 1,400 dollar worth of…

Q: If a firm is given a trade credit terms of 2/15, net 30, then the cost to the firm failing to take…

A: 1. 2/15, net 30 means if payment is made within 15 days , it will get 2% discount.  Otherwise the…

Q: Based on the following data, calculate the items requested: Rental Costs Annual rent Insurance…

A: Annual rent = $7,730Insurance = $180Security deposit = $825Annual mortgage payments =…

Q: lingerland borrowed $6,000 on July 20, at 11% interest. If the loan was due on October 15, what was…

A: given, p= $6000 r = 11% n = 87 ( july 20 - oct 15)

Q: Use the following to answer questions 28 – 30 The company lent $100,000 on September 1, 20XA at 3%…

A: Interest revenue = Amount lent x rate of interest x No. of months / 12

Q: bills with 91 days period can be purchased at 995. What is the annualized discount rate? A• 5% B•…

A: Treasury bills is a government security which is issued for a short term. The instrument maturity is…

Q: PRÒ 1. Ring Co. uses the "installment sales method." Information o - Compute for the realized gross…

A: The installment sales method is a method where profit is recognised when the cash is received.

Q: A supermarket charges 2.75% per month on credit purchases. What is the equivalent nominal annual…

A: Nominal rate is interest rate without the impact of compounding interest rate and it is like simple…

Q: Juanita Patricia Morgan's credit card company quotes her a rate of 17.9 percent. Interest is billed…

A: The Effective Annual Rate (EAR), also known as the annual equivalent rate (AER), we must take into…

Q: (Annual percentage yield) Compute the cost of the following trade credit terms using the compounding…

A: APR stands for annual percentage rate, which is regarded as the nominal rate, and EAR stands for an…

Q: You paid $99,453.67 for a $100,000 91-day T-bill 51 days before it matured, what discount rate did…

A: Given: Face value = $100,000 Purchase price = $99,453.67 Days = 51 days

Q: lender engages in a 15-day $1,000,000 reverse repo at a rate of 2.50%. The haircut is 2%. The…

A: In a reverse repo, the borrower will have to will give the collateral to lender and the lender will…

Q: How much is the realized gross profit for 20x6? *

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Q: 12. Ms. Smith borrowed P125,000 at 11% stated rate of interest and was to pay back the loan in 24…

A: Effective rate of interest = {1+(nominal interest / no. of compounding periods)n-1 - 1 Since the…

Q: Question 1 Kumi Ltd permits its customers to pay with a credit card or to receive a percentage…

A: Solution- Cost price…

Q: Choices: a. The PV of the remaining monthly payments discounted at 12% b. 75% of the original sales…

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A: Past Customer Value (PCV)= It measure the value of customer based on past purchase and gross…

Q: A bank offers a home buyer a 25-year loan at 9% per year. If the much must be repaid every year? OA.…

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Q: What is the fixed charge coverage ratio? Answer in the form of 3.2x (one decimal place) Assume: 1.…

A: The fixed-charge coverage ratio demonstrates how effectively a business can use its earnings to…

Q: 5. How much is 5% commission on $15 000 sales?

A: Note: 3 shall be answered under the Mathematics subject.   5. The amount of money paid to a person…

Q: One of your customers is delinquent on his accounts payable balance. You've mutually agreed to a…

A: lease refer to the excel spreadsheet for calculations. Input Area:           Monthly Payment…

Q: 1 2 3 4 5 6 7 8 9 10 11 12 13 A B Purchase price Down payment Trade in Amount financed Monthly…

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Q: Salalah Mills has taken a loan of one million on which it pays an interest of 6.5 %. If the current…

A: Cost of debt is the effective rate of interest a firm pays of its debt.

Q: Bob receives an invoice for $1,400.00. The terms of the invoice are 5/14 net 60. If he doesn't pay…

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Q: ECEIVABLES INVESTMENT Ewan Industries sells on terms of 3/10, net 40. Total sales for the year are…

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A: Given, Loan amount is 240,000 Interest rate is 7.50%

Q: why do we need to divide 55 days to 365 days for the net recievables and net payable

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Q: George makes 3% commission last week George sold 4 cars at the following prices $22,695 $19,675…

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Q: Calculate the amount of interest to be paid on a $50,000 loan over the next 28 months if money earns…

A: simple interest formula: I =P×R×T100where,P = PRINCIPALR = RATE OF INTERESTT = TIME IN YEARS

Q: Radio Shack offers credit to its customers and charges interest of 1.2 percent per month. What is…

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Q: Earning Before Interest and Tax (EBIT) Re. 25 Lacs. Interest on debt Rs. 10 lacs. Calculate degree…

A: > Give data:> Earnings before Interest and Tax (EBIT) = 25,00,000> Interest on debt =…

Q: 2. How much commission will you earn if you made the same amount of sales (refer to number 1), but…

A: Sales revenue: It is the revenue earned by a business on selling the goods or providing services to…

Q: The expression “2/10, net 45” means that the customers receive a 2% discount if they pay within 10…

A: Cost of capital is the opportunity cost of investing an amount in business (the benefit that would…