Solved

Jim Smith Is a Salesman Who Receives a $1,100 Draw

Question 3

Multiple Choice

Jim Smith is a salesman who receives a $1,100 draw per week. He receives a 12% commission on all sales. Sales for Jim were $205,000 for the month. Assuming a four-week month, Jim's final commission after the draw for the month is:


A) $24,600
B) $20,200
C) $23,500
D) $26,400
E) None of these

Correct Answer:

verifed

Verified

Related Questions

Q1: A married person will pay in more

Q2: Overtime is always calculated at time and

Q4: The number of dependents one claims does

Q5: Dan Zabrowski works according to the

Q6: Jill is $200 from reaching maximum

Q7: Robin Small pays her three workers $180,

Q8: Match the following terms with their definitions.<br>-SUTA<br>A)May

Q9: A variable commission scale means that for

Q10: If you are paid twice a month,

Q11: Ron Swift earned $1,500 last week. He