The table below shows the earnings, in thousands of dollars, for three different commissioned employees. $2,000 3% on all sales 7% on all sales 5% on the first $40,000 8% on anything over $40,000 December 4. 4 5. 6 5. 2 January 2003. 5 3. 85 3. 6 February 2004. 7 4. 9 4. 4 Who had the largest dollar amount in sales for the month of January? a. The salary plus commission employee. B. The straight commission employee. C. The graduated commission employee. D. They each had the same dollar amount in sales. Please select the best answer from the choices provided A B C D.

The legal form of business ownership that is owned by many people is called a

Electronics assembly inc. is a contract manufacturer that assembles consumer electronics for a number of companies. currently, the operations manager is assessing the capacity requirements as input into a bid for a job to assemble cell phones for a major global company. the company would assemble three models of cell phones in the same assembly cell. setup time between the phones is negligible. electronics assembly inc. operates two 8-hour shifts for 275 days per year. cell phone demand forecast (phones/year) processing time (minutes/phone) mars 47,000 19.8 saturn 35,000 20.7 neptune 7,500 16.2 a. calculate total capacity required by line. b. determine the total operating time available. c. calculate the total number of assembly cells. (round up your answer to the next whole number.)

On january 1, vermont corporation had 40,000 shares of $10 par value common stock issued and outstanding. all 40,000 shares has been issued in a prior period at $20.00 per share. on february 1, vermont purchased 3,750 shares of treasury stock for $24 per share and later sold the treasury shares for $21 per share on march 1. the journal entry to record the purchase of the treasury shares on february 1 would include a credit to treasury stock for $90,000 debit to treasury stock for $90,000 credit to a gain account for $112,500 debit to a loss account for $112,500