Answered: Safa is paid a base salary of $1500 per…

Safa is paid a base salary of $1500 per month and a commission of 6% on all sales over $75,000. Last month, Safa's gross salary was $4440. What were her sales for the month?

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

Vi
Safa is paid a base salary of $1500 per month
and a commission of 6% on all sales over
$75,000. Last month, Safa's gross salary was
$4440. What were her sales for the month?
What are the taxes on a property assessed at
$927,000 if the mill rate is 16.8629?

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