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Wendy Epstein, a sales representative, earns an annual salary of $29,500 and receives a commission on that portion of her annual sales that exceeds 150,000.
The commission is 8.5% on all sales up to $50,000 above the quota. Beyond tha amount, she receives a commission of 10%. Her total sales for the past year were $295,000.
Compute:
a. The regular annual salary
b. The commission
c. The total annual earnings
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Determine the cost recovery deduction for 2012 for these assets.
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What's the relationship between the acquisition and payment cycle and the inventory and warehousing cycle in the audit of a manufacturing company?
Globetrotter Store has a budgeted sales of $48000 for its wood department in December. Management wants to have $11000 in wood inventory at the end of December. The beginning inventory of wood toys is expected to be $9000.
Calculate the initial return earned by investors who are allocated shares in the IPO. What is the total cost ( underwriting fee and underpricing) of this issue to WCMC?
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