Personal Earnings. Gerald is a sales representative for Wirksworth Corp. In the month of August,...

60.1K

Verified Solution

Question

Accounting

Personal Earnings. Gerald is a sales representative for Wirksworth Corp. In the month of August, he closed $1,020,000.00 of sale, what is his gross earning if he is paid 2.50% on the first $250,000.00, 3.50% the next $250,000.00, 5.00% the next $250,000.00, and 7.00% on all remaining sale (round to the nearest cent)?

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students