Question

The five sales people at Souther's Appliances earned commissions last year of $13,000, $25,000, $42,000, $14,000,...

The five sales people at Souther's Appliances earned commissions last year of $13,000, $25,000, $42,000, $14,000, and $21,000. Find the median commission.

Business   Accounting   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1
Commissions ($)
1 $                 13,000
2 $                 14,000
3 $                 21,000 MEDIAN COMMISSION
4 $                 25,000
5 $                 42,000
0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Listed below are the commissions earned ($000) last year by a sample of 15 sales representatives...
Listed below are the commissions earned ($000) last year by a sample of 15 sales representatives at Furniture Patch Inc. $ 4.1 $ 5.9 $ 8.2 $ 11.5 $ 12.9 $ 13.6 $ 14.3 $ 16.3 $ 17.2 $ 17.4 $ 18.5 $ 22.3 $ 36.3 $ 43.2 $ 78.4 Determine the mean, median, and the standard deviation. (Round your answers to 2 decimal places.) Determine the coefficient of skewness using Pearson’s method. (Round your answer to 3 decimal places.)...
Listed below are the commissions earned ($000) last year by a sample of 15 sales representatives...
Listed below are the commissions earned ($000) last year by a sample of 15 sales representatives at Furniture Patch Inc. $ 4.4 $ 6.2 $ 8.2 $ 11.5 $ 12.7 $ 13.6 $ 14.3 $ 15.7 $ 17.3 $ 17.4 $ 18.4 $ 22.3 $ 35.7 $ 43.2 $ 78.1 Click here for the Excel Data File Determine the mean, median, and the standard deviation. (Round your answers to 2 decimal places.) Determine the coefficient of skewness using Pearson’s method....
Last year, Twins Company reported $750,000 in sales (25,000 units) and a net operating income of...
Last year, Twins Company reported $750,000 in sales (25,000 units) and a net operating income of $25,000. At the break-even point, the company's total contribution margin equals $500,000. Based on this information, the company's: a. contribution margin ratio is 40%. b. break-even point is 24,000 units. c. variable expense per unit is $9. d. variable expenses are 60% of sales.
A firm’s balance sheets for the last two years are as follows: Year 2019 Assets                             &
A firm’s balance sheets for the last two years are as follows: Year 2019 Assets                                                            Liabilities and Equity Cash                              $ 9,000                   Accounts payable     $12,000 Market securities         10,000                    Accruals                       10,000 Accounts receivable    21,000                    Current bank note     10,000 Inventory                       20,000                    Long-term debt          30,000 Plant                               40,000                   Common stock            14,000                                                                         Retained earnings      24,000                                      $100,000                                                    $100,000 Year 2020 Assets                                                          Liabilities and Equity Cash                             $12,000                   Accounts payable      $12,000 Market securities         18,000                   Accruals                         10,000 Accounts receivable    18,000                   Current bank note       30,000 Inventory                       10,000                   Long-term debt           ...
East Mullett Manufacturing earned operating income last year as shown in the following income statement: Sales...
East Mullett Manufacturing earned operating income last year as shown in the following income statement: Sales $531,250 Cost of goods sold 280,000 Gross margin $251,250 Selling and administrative expense 180,900 Operating income $70,350 Less: Income taxes (@ 40%) 28,140 Net income $42,210 At the beginning of the year, the value of operating assets was $390,000. At the end of the year, the value of operating assets was $460,000. Required: For East Mullett Manufacturing, calculate the following: 1. Average operating assets...
Q18-3: SkinTan’s top five customers generate sales revenue of £950,000 per annum. Each generates a different...
Q18-3: SkinTan’s top five customers generate sales revenue of £950,000 per annum. Each generates a different gross margin as a consequence of price negotiations that have been carried out over several years. Because of their location, each customer incurs different distribution expenses. Sales commissions are paid at the rate of 6% on all sales. Fixed costs are customer specific, covering salaries of sales and office staff who service each customer. The following table shows the information for each of the...
(Evaluating profitability​) Last​ year, Stevens Inc. had sales of $396,000​, with a cost of goods sold...
(Evaluating profitability​) Last​ year, Stevens Inc. had sales of $396,000​, with a cost of goods sold of 115,000. The​ firm's operating expenses were $126,000​, and its increase in retained earnings was $50,000. There are currently 21,000 common stock shares outstanding and the firm pays a$1.56 dividend per share. a. Assuming the​ firm's earnings are taxed at 34 percent, construct the​ firm's income statement. b. Compute the​ firm's operating profit margin. c. What was the times interest​ earned? a. Assuming the​...
the Tea company only has common stockholders. Last year , the company earned $47,000 on sales...
the Tea company only has common stockholders. Last year , the company earned $47,000 on sales of $163,200: the company average 18,050 outstanding common shares . On the most recent tranding , the common shares were selling at $75. What is this company's earning per share? a. $11.65 per share. b. $9.04 per share c. $2.60 per share. d. $0.38 per share. The Orange Company reported net sales of $427,000. the company has average total assets of $928,600 of which...
A project has an initial cost of $36,075, expected net cash inflows of $14,000 per year...
A project has an initial cost of $36,075, expected net cash inflows of $14,000 per year for 7 years, and a cost of capital of 10%. What is the project's MIRR? Do not round intermediate calculations. Round your answer to two decimal places. Answer = _____________________ A project has an initial cost of $48,675, expected net cash inflows of $14,000 per year for 10 years, and a cost of capital of 13%. What is the project's PI? Do not round...
USA Today ("Hybrid Car Sales Rose 81% Last Year," April 25, 2005) reported the top five...
USA Today ("Hybrid Car Sales Rose 81% Last Year," April 25, 2005) reported the top five states for sales of hybrid cars in 2004 as California, Virginia, Washington, Florida, and Maryland. Suppose that each car in a sample of 2004 hybrid car sales is classified by state where the sale took place. Sales from states other than the top five were excluded from the sample, resulting in the accompanying table. State Observed Frequency California 255 Virginia 56 Washington 37 Florida...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT