| Req. | Amount $ | ||||
| a | Weekly base salary | 440 | |||
| Weekly Gross Sales: | 2215 | (400+995+190+445+185) | |||
| Less: customer returns | 187 | (48+75+0+39+25) | |||
| Weekly Net Sales | 2028 | ||||
| b | Commission | (2028*2%) | 40.56 | ||
| Weekly Gross Sales of Cashmere sweaters | 995 | ||||
| Less: customer returns | 75 | ||||
| Weekly Net Sales of cashmere sweaters | 920 | ||||
| c | Push money | (920*2%) | 18.4 | ||
| d | Total weekly earnings | 498.96 |
Jill Connor is employed as a salesperson in the men's department of Fashion Line. In addition...
Jenny James is paid a weekly salary of $250 plus a 4% commission on sales. Last week her sales were $10,876. What were her earnings for the week? (2 marks) Calculate the total commission paid to each salesperson. (4 marks) Name Total Sales Commission Total Commission 5% on first $5000 7.5% on Next $25,000 13% on all Additional sales Ross, J $195,650 Vilia, K $237,500 Mary Eisen worked 7 hours a day from Monday to Thursday at a regular pay...
Analysing the Accounting Information System of HARDA Fashion. HARDA Fashion sells ready-to-wear fashion clothes to teenagers. The company has a 20-store chain concentrated in the north-eastern part of the United States of America. Each store has the experienced full-time staff consist of a manager and an assistant manager. The full-time staff is paid a fixed salary. The full-time staff is assisted with a cashier and a sales assistant who have comparatively less experience. The cashier and sales assistant are paid...
answer all numbers and show work please
the next pictures are the lessons guide
Find the commissions on the following sales using the given rates. 3. $5764 at 20% 5. $12,356 at 12% 4. $2598 at 15.5% 6. $3456 at 9% Find the following piecework earnings. 7. 2010 pieces at $0.18 per piece 9. 52 pieces at $3.25 per piece 8. 264 pieces at $1.50 per piece 10. 197 pieces at $1.67 per piece Find the total tips for the...
1. The Antique Mall completed the following transactions during February 2017: Feb. 3 7 9 10 Purchased $3,300 of merchandise inventory on account under terms 3/10, n/EOM and FOB shipping point. Returned $900 of defective merchandise purchased on February 3. Paid freight bill of $400 on February 3 purchase. Sold merchandise inventory on account for $4,700. Payment terms were 2/15, 1/30. These goods cost the company $2,350 Paid amount owed on credit purchase of February 3, less the return and...
Monica’s Designer Handbags: Creative Marketing Decision-Making Based on Financial Analysis—A Case Study Michael T. Manion University of Wisconsin – Parkside Karen Crooker University of Wisconsin – Parkside Peter Knight University of Wisconsin – Parkside Monica learned much about the designer apparel trade as an intern with a major retailer, and started a designer handbag business, selling through independent retailers. She practiced making sound marketing decisions using financial analysis techniques learned in college. These techniques proved useful when a regional discount...
Refer to the following financial statements
and answer the following questions
hints:-
13. cash provided (used) by operating activities, investing
activities, and financing activities. 14. cash-based net income.
15. estimate of uncollectible accounts receivable. 16. calculate
and interpret accounts receivable ratio (most recent and prior
period).
hints:-
2:12 PM Wed Apr 15 39%). A 51.04cdn.com PART II NIKE, Inc. Consolidated Statements of Income in mWors, except per share data) Revenues Cost of sales Gross profit Demand creation expense Operating overhead...
Required:
1. What is the amount of Apple’s accounts
receivable as of September 30, 2017?
2. Compute Apple’s accounts receivable turnover as
of September 30, 2017.
3. How long does it take, on average, for
the company to collect receivables for fiscal year ended September
30, 2017?
4. Apple’s most liquid assets include (a)
cash and cash equivalents, (b) short-term marketable
securities, (c) accounts receivable, and (d)
inventory. Compute the percentage that these liquid assets (in
total) make up of...
A. Issues [1] In addition to damages for one year's notice period, can a trial judge award significant damages for the mere fact of an employee's dismissal, or for the stigma that that dismissal brings? Or for the employer thereafter competing with the ex-employee for the clients, before the ex-employee has got a new job? B. Basic Facts [2] This is an appeal from 2009 ABQB 591 (CanLII), 473 A.R. 254. [3] Usually a judgment recites facts before law. But...
4. Perform a SWOT analysis for Fitbit. Based on your
assessment of these, what are some strategic options for Fitbit
going forward?
5. Analyze the company’s financial performance. Do trends
suggest that Fitbit’s strategy is working?
6.What recommendations would you make to Fitbit management to
address the most important strategic issues facing the
company?
Fitbit, Inc., in 2017: Can Revive Its Strategy and It Reverse Mounting Losses? connect ROCHELLE R. BRUNSON Baylor University MARLENE M. REED Baylor University in the...
I need Summary of this Paper i dont need long summary i need
What methodology they used , what is the purpose of this paper and
some conclusions and contributes of this paper. I need this for my
Finishing Project so i need this ASAP please ( IN 1-2-3 HOURS
PLEASE !!!)
Budgetary Policy and Economic Growth Errol D'Souza The share of capital expenditures in government expenditures has been slipping and the tax reforms have not yet improved the income...