A salesman earns a salary of $2000 per month plus 4% of all sales he make. The salesman make $25000 in sales for the month. The salesman has 30% of his pay taken out for taxes. How much is his pay check worth?

A salesman earns a salary of $2000 per month plus 4% of all sales he make. The salesman make $25000 in sales for the month. The salesman has 30% of his pay taken out for taxes. How much is his pay check worth?

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

A salesman earns a salary of $2000 per month plus 4% of all sales he
makes. The salesman makes $25,000 in sales for the month. The
salesman has 30% of his pay taken out for taxes. How much is his pay
check worth?
hp

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