Make a business case
Format:
Introduction
Management summary
Description of current situation
Cost benefit analysis
Impact assessment
Conclusion
Appendix

Answers

Answer 1

This business case evaluates the potential investment in a new software system for a company. The management summary highlights the benefits of the software, the current situation, and the cost-benefit analysis.

Introduction: This business case aims to justify the implementation of a new software system for XYZ Company. The proposed software system offers several advantages, including increased efficiency, improved data management, and enhanced decision-making capabilities. This case will provide an overview of the current situation, perform a cost-benefit analysis, assess the potential impact, and ultimately make a recommendation.

Management Summary: Currently, XYZ Company faces challenges in data management and decision-making processes due to the absence of an integrated software system. The proposed software offers streamlined workflows, centralized data storage, and advanced analytics capabilities. The implementation cost is estimated at $500,000, while the projected benefits include a 20% increase in productivity, improved data accuracy, and better strategic decision-making.

Description of Current Situation: XYZ Company currently relies on manual processes and multiple disjointed software applications to manage its operations and data. This approach leads to inefficiencies, data inconsistencies, and delayed decision-making. The lack of an integrated system also hampers collaboration among departments and limits the ability to leverage data for informed decision-making.

Cost Benefit Analysis: The implementation of the new software system requires an initial investment of $500,000. However, the projected benefits outweigh this cost. The system is expected to deliver a 20% increase in productivity, which translates to significant time and cost savings. Improved data accuracy will reduce errors and associated costs. Additionally, the advanced analytics capabilities will enable better strategic decision-making, leading to improved business outcomes and potential revenue growth.

Impact Assessment: The new software system will have a transformative impact on XYZ Company. It will streamline processes, improve data management, and enhance decision-making capabilities across the organization. The integration of workflows and centralized data storage will facilitate cross-functional collaboration and enable employees to access real-time information. This will result in faster and more accurate decision-making, ultimately improving customer satisfaction and increasing operational efficiency.

Conclusion: Based on the cost-benefit analysis and the potential impact on operations, it is recommended that XYZ Company invest in the new software system. The anticipated benefits, including increased productivity, improved data accuracy, and better decision-making, outweigh the initial investment cost. The implementation of the software system will position the company for future growth and competitiveness in the market.

Appendix: The appendix contains additional supporting information, such as detailed cost estimates, potential risks, and implementation timelines, to provide a comprehensive understanding of the proposed software system investment.Summary: This business case evaluates the potential investment in a new software system for a company. The management summary highlights the benefits of the software, the current situation, and the cost-benefit analysis.

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Related Questions

identify two example of how products might be promoted directly to customer using the internet​

Answers

Answer: ads while watching tv

Explanation:

A student in public administration wants to determine the mean amount members of city councils earn. The error in estimating the mean is to be less than $100 with a 99% level of confidence. The student found a report by the department of labor that estimated the standard deviation to be $1000. What is the required sample size?

Answers

Answer:

663.58

Explanation:

From the problem:

E, the maximum allowable error, is $100

The value of z for a 99 percent confidence level is 2.576

Estimate of standard deviation is $1,000.

n = [(z x s)/ E] ^ 2

n = [(2.576 x 1000) / 100}^2

= 25.76^2

=663.58

I need help ASAP.......If you were interviewing someone what questions would you ask???

Answers

Answer:

Tell me about yourself.

What are your strengths?

What are your weaknesses?

Why do you want this job?

Where would you like to be in your career five years from now?

What's your ideal company?

What attracted you to this company?

Why should we hire you?

Explanation:

They are basic questions :]

Answer

When you interviewing someone you have to ask the questions that would fit your topic. Example: What type of work are you looking for? Do u what to be manager? These type of questions are what you are looking for.

Define The Term "Inelastic"​

Answers

Answer:

its about stuff you need day to day

like water, gasoline, housing, and food

when the price goes up or down consumers' buying habits are the same

"static quantity of a good or service when its price changes"

Investopedia lumenlearning

Answer:

: not elastic: such as. a : inflexible, unyielding. b : slow to react or respond to changing conditions

Explanation:

hope it helps you:)

Bahrain By 2030 it is
expected that all girls and boys receives quality primary and
secondary education . Evaluate the benefits of getting educated
towards the sustainable development of the country (

Answers

Ensuring that all girls and boys receive quality primary and secondary education in Bahrain by 2030 can bring numerous benefits to the sustainable development of the country.

Providing quality education to all children in Bahrain contributes significantly to the sustainable development of the country. Educated individuals possess the knowledge, skills, and capabilities necessary to actively participate in the social, economic, and political spheres of their society. Here are some key benefits of education towards sustainable development:

Economic Growth: Education equips individuals with the skills and knowledge needed to participate in the workforce effectively. By ensuring that all children receive quality education, Bahrain can develop a skilled and educated workforce, promoting economic growth and reducing poverty in the long run.

Social Development: Education plays a crucial role in promoting social cohesion, equality, and inclusivity. It helps foster a sense of community, respect for diversity, and enhances social integration. Education also promotes values such as tolerance, empathy, and critical thinking, which are vital for creating a harmonious and inclusive society.

Health and Well-being: Education is closely linked to improved health outcomes. Educated individuals are more likely to adopt healthy behaviors, make informed decisions about their well-being, and have better access to healthcare services. By promoting education, Bahrain can improve the overall health and well-being of its population.

Sustainable Development Goals (SDGs): Quality education is a key enabler for achieving the SDGs. It directly contributes to multiple goals, including poverty eradication, gender equality, reduced inequalities, and inclusive economic growth.

In summary, ensuring universal access to quality education in Bahrain will have far-reaching positive effects on economic growth, social development, health, and the achievement of sustainable development goals. It is an investment in the future of the country, equipping individuals with the tools and knowledge needed to contribute actively to the sustainable development and prosperity of Bahrain.

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Can someone hurry and help me please!! If you answer be at least 99% sure. Thank you!
What is a likely result of an increase in trade between nations?
A. It will provide consumers with more choice at lower prices.
B. It will increase the cost of goods due to increased competition.
C. It will lower the standard of living in the weaker trade nation.
D. It will restrict the market for domestic products.

Answers

Answer:

The answer is A. It will provide consumers with more choice at lower prices.

Explanation:

Option (a), which will give customers more choices at a reduced cost, is the best choice.

What is a likely outcome of an increase in international trade?

Trade allows for the expansion of markets and access to products and services that might not otherwise be available locally. The competitiveness in the market has increased as a result of global trade. The cost of the final product for the consumer is reduced as a result of increased pricing competition.

Because it promotes market specialization, fosters innovation, and decreases the cost of commodities globally, trade is crucial for maintaining a competitive global economy. A further benefit of trade is having access to goods and services that may be more affordable and of higher quality than those that are provided domestically.

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As part of understanding your client's needs, you should find out what their sales tax requirements are for their business and locality. What information is needed to set up sales tax in QuickBooks Online for a client who only does business in their home state? Select the 4 options you think apply. (Select all that apply)

Answers

What are possible answers? I’d love to help!!

In the united states the federal reserve system can make loans to banks when no one else can. this is called acting as_____________and the central bank can do this because it can:____________ a government-sponsored enterprise (gse); raise or lower taxes a lender of last resort; create money a lender of last resort; raise or lower taxes a government-sponsored enterprise (gse); create money

Answers

The term that describes the Federal Reserve System making loans to banks when no one else can be "acting as a lender of last resort".

The central bank can do this because it has the ability to create money. It does not have the authority to raise or lower taxes, as that is a function of the legislative branch of the government.

It also is not a government-sponsored enterprise (GSE), which are entity created by the government to provide financial services. The nation's central banking body is the Federal Reserve System.

It acts as the government's fiscal agent, supervises the reserve accounts of commercial banks, makes loans to those banks, and, in conjunction with the U.S. Mint, oversees the creation of money, including coins.

The current system was established by the Federal Reserve Act, which President Woodrow Wilson signed into law on December 23, 1913.

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Mason Milling grinds calcined alumina to a standard granular size. The mill produces two different size products from the same raw material. Regular Grind can be produced at a rate of 10,000 pounds per hour and has a demand of 400 tons per week with a price per ton of $900. Super Grind can be produced at a rate of 6,000 pounds per hour and has a demand 200 tons per week with a price of $1,900 per ton. A minimum of 700 tons has to be ground every week to make room in the raw material storage bins for previously purchased incoming raw material by rail. The mill operates 24/7 for a total of 168 hours/week. How many tons of each product must be produced each week to maximize revenue? (hint: be careful with units in this problem, ton, ton per week, ton per hour).

Answers

The mill should produce 700 tons of super grind and 0 tons of regular grind every week to maximize revenue.

The main aim of the problem is to find out the number of tons of each product that has to be produced per week to maximize revenue.

The regular grind is produced at a rate of 10,000 pounds per hour and has a demand of 400 tons per week with a price per ton of $900.The super grind is produced at a rate of 6,000 pounds per hour and has a demand of 200 tons per week with a price per ton of $1,900.To make room for the incoming raw materials, a minimum of 700 tons has to be ground every week.

According to the given conditions, we need to find out how many tons of each product should be produced per week to maximize the revenue.

Let the number of tons of regular grind be x. Let the number of tons of super grind be y.

Since a minimum of 700 tons has to be ground every week, the equation becomes:

x+y ≥ 700

The regular grind is produced at a rate of 10,000 pounds per hour and has a demand of 400 tons per week. Hence, we get:10,000x / 2,000 = 400x = 80/3 tons per hour

The super grind is produced at a rate of 6,000 pounds per hour and has a demand of 200 tons per week. Hence, we get:

6,000y / 2,000 = 200y = 100/3 tons per hour

Since the mill operates 24/7 for a total of 168 hours/week, the number of hours the mill operates to produce regular grind is given by:

80/3 * h ≤ 10,000

h ≤ 750

The number of hours the mill operates to produce super grind is given by:

100/3 * k ≤ 6,000k ≤ 1800/100 = 18

The total revenue generated can be given by:

R = 900x + 1900y

The problem is to maximize revenue. We can use linear programming to solve this problem:

Maximize R = 900x + 1900ysubject to:

x + y ≥ 70080/3x + 100/3y ≤ 168x ≤ 750y ≤ 18x ≥ 0, y ≥ 0

The feasible region is shown below:

graph{y≤-0.8x+168y≥0x≥0x+y≥700y≤18}

The vertices of the feasible region are (0, 700), (750, 0), and (522, 178).

We evaluate R at these points to see which one gives the maximum value of R.

R(0, 700) = 900(0) + 1900(700) = 1,330,000

R(750, 0) = 900(750) + 1900(0) = 675,000

R(522, 178) = 900(522) + 1900(178) = 938,800

Therefore, the maximum revenue is $1,330,000 when the mill produces 700 tons of super grind and 0 tons of regular grind.

Therefore, the mill should produce 700 tons of super grind and 0 tons of regular grind every week to maximize revenue.

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write a short response paragraph explaining how a credit score could contribute to keeping someone caught in a cycle of poverty

Answers

Answer:

A credit score is a numerical representation of a person's creditworthiness, which lenders use to determine their ability to repay loans. Unfortunately, people with low credit scores may find it difficult to access credit, which can make it challenging to obtain loans to start a business, purchase a home, or cover emergency expenses. This lack of access to credit can make it challenging for people caught in the cycle of poverty to break free, as they may not have the resources to address urgent financial needs or invest in income-generating opportunities. Additionally, without access to credit, they may turn to predatory lenders or high-interest credit cards, further perpetuating the cycle of poverty. Therefore, a low credit score can contribute to keeping someone caught in a cycle of poverty by limiting their financial options and making it difficult to improve their economic situation.

Explanation:

Help what’s the answer?

Help whats the answer?

Answers

Price rises. Quantity falls. The more people there are the less stuff there is. People will need to raise prices.
Answer is A) Price rises and quantity falls

a company exhibiting a high liquidity ratio is likely to have enough resources to pay off its short-term obligations.truefalse

Answers

A business with a high liquidity ratio is probably well-equipped to meet its immediate commitments. This statement is true.

Liquidity ratios are financial metrics that measure a company's ability to meet its short-term obligations. High liquidity ratios indicate that a company has sufficient resources to pay off its short-term debts when they come due.

The most commonly used liquidity ratios are the current ratio and the quick ratio. The current ratio measures a company's ability to pay its debts using its current assets, while the quick ratio measures its ability to pay off its debts using only its most liquid assets.

A high liquidity ratio indicates that a company is in good financial health, as it is able to meet its financial obligations without difficulty.

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when a company exports to one country, licenses to another, has a joint ownership venture in a third, and owns a subsidiary in a fourth, it likely will create a(n) to handle its international activity.

Answers

In a joint venture (JV), two or more businesses decide to combine their resources in order to fulfill an enumerated goal. They are a partnership in the colloquial sense of the word but can take on any legal structure.

business organisation is likewise the efforts and sports of a person who is producing objects or presenting offerings with the reason to promote them for profits. organization Definition. commercial business enterprise refers to an enterprising entity or agency that consists of out professional sports. they will be commercial, commercial, or others.

A business company can earn a income for the products and offerings it offers. The word enterprise comes from the word busy, and method doing matters. it works on normal basis.

business organisation is the exercise of creating one's living or making a living by means of generating or shopping for and selling products. it is also "any interest or commercial enterprise business enterprise entered into for profits."

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Read Mode view displays the document as it will look when printed.
Your answer:
O True
O False

Answers

Answer:

False

Explanation:

may i get braineist

highest rate offered on a certificate of deposit from a bank

Answers

Marcus by Goldman Sachs: $500 minimum opening deposit; 6 months to 6 years; 3.70% - 4.75% annual percentage yield. Capital One: No minimum deposit is required to open, terms of 6 months to 5 years, 3.30% APY to 4.30% APY. Synchrony Bank: No minimum deposit is required to open, terms of 3 months to 5 years, 2.25% APY to 4.60% APY.

How Many CD Terms Exist?

You'll note that many banks and credit unions offer certificates of deposit (CDs) in a wide range of terms and maturities while you're shopping for one. There is a lot of diversity among suppliers in terms of the conditions and interest rates that they can establish. But some term durations have essentially become the norm. We'll examine the most typical CD terms in this post and demonstrate how to build a CD ladder with staggered-term CDs to protect yourself against interest rate changes.

There are several terms and maturities available for certificates of deposit (CDs).

For example, banks and credit unions are allowed to determine their own CD conditions. Some of the most popular CD periods are three months, six months, one year, two years, three years, and five years.

If you want to protect yourself against interest rate changes and have access to some of your money each year, think about creating a CD ladder.

Understanding CD Terminology

When you purchase a CD, you consent to retain your funds in it for the CD's term, which is the period of time specified in the CD. In return, you will get a set interest rate from the bank or credit union that offers your CD; this rate is generally greater than the interest rate on other kinds of savings accounts. The drawback is that your money isn't liquid.

In most cases, there are severe penalties if you need to remove it before the CD's term expires.

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State whether each of the following is an asset or a liability. a. Loan from Muthoot Finance b. Prepaid Insurance c. Amount owing to supplier d. Accrued wages​

Answers

Answer:

See below

Explanation:

Assets are items of value that belongs to a business or a person.  They are acquired through buying either on cash or credit. Assets can be inherited or received as presents. Assets are in the form of money, properties, or property rights

Liabilities are debts a business or person owes to third parties. They are unpaid obligations that should be settled when they become due or on-demand.

a. Loan from Muthoot Finance: Liability, money owed to Muthoot finance

b. Prepaid Insurance: Asset, Money paid for unused services.

c. Amount owing to a supplier: Liability, debt to the supplier

d. Accrued wages​ : Liability, Money owed to employees

What company was the first to use the term ""smartphone""? in what year?.

Answers

Answer:

The term "smartphone" was first used by Ericsson in 1997 to describe a new device concept, the GS88

Rishabh a brilliant student lives in a remote district of Orissa and has done mechanical engineering, He has won a lottery of Rs. 10 Lakhs. He wants to invest this money in some business opportunity, One of his friends suggested him to form a company. So he decided to manufacture tube lights and bulbs in his manufacturing unit and give jobs to unemployed youth in his village area. He has identified the business opportunity but is unaware about the other functions to be performed by him as a promoter of the company, Explain the other five steps to be performed by him as a promoter of the company, 2. Akriti, Manju and Sonali were friends who started a partnership business. They did not get their firm registered as it was optional. Soon, Manju and Sonali started having conflicts. Manju and Sonali wanted to approach a lawyer. If you were a lawyer than how would you guide them?​

Answers

Answer:

hall

Explanation:

kk off Krishan Kala

Problem 1: On April 01, 2016 Anees started business with Rs. 100,000 and other transactions for the month are: 2. Purchase Furniture for Cash Rs. 7,000. 8. Purchase Goods for Cash Rs. 2,000 and for Credit Rs. 1,000 from Khalid Retail Store. 14. Sold Goods to Khan Brothers Rs. 12,000 and Cash Sales Rs. 5,000. 18. Owner withdrew of worth Rs. 2,000 for personal use. 22. Paid Khalid Retail Store Rs. 500. 26. Received Rs. 10,000 from Khan Brothers. 30. Paid Salaries Expense Rs. 2,000 Required: Prepared general journal

Answers

Answer:

General Journal

April 01

Cash Rs. 100,000 (debit)

Capital Rs. 100,000 (credit)

Owner invest cash in the business

April 02

Furniture Rs. 7,000 (debit)

Cash Rs. 7,000 (credit)

Cash Purchase of Furniture

April 08

Merchandise Rs. 3,000 (debit)

Cash Rs. 2,000 (credit)

Accounts Payable : Khalid Retail Store  Rs. 1,000 (credit)

Cash and credit purchases made

April 14

Accounts Receivables : Khan Brothers  Rs. 12,000 (debit)

Cash Rs. 5,000 (credit)

Sales Revenue Rs. 17,000(credit)

Cash and credit sales

April 18

Drawings Rs. 2,000 (debit)

Cash Rs. 2,000 (credit)

Owner withdraws cash from business for personal use

April 22

Accounts Payable : Khalid Retail Store  Rs. 500 (debit)

Cash Rs. 500 (credit)

Payment made to supplier Khalid Retail Store

April 26

Cash Rs. 10,000 (debit)

Accounts Receivables : Khan Brothers  Rs. 10,000 (credit)

Receipts from customer Khan Brothers

April 30

Salaries Expense  Rs. 2,000  (debit)

Cash  Rs. 2,000  (credit)

Salaries paid

Explanation:

See the journals and their narrations prepared above for Anees` business.


risk management
3. Given a nondecreasing loss distribution function FL: R R, show that, the Expected Shortfall at a confidence level a € (0,1) ( ES (L)) is given by ES (L) = -√vara (1)ldF, (1) [6]

Answers

Expected Shortfall (ES) is a measure of the value at risk that, as a result of extreme loss events, surpasses a specific level. Expected shortfall, or conditional value at risk (CVaR), is a risk metric that goes beyond value at risk (VaR), which merely measures the likelihood of extreme losses.

Expected shortfall evaluates the tail of the distribution of loss amounts beyond the VaR threshold. It is denoted as ES(a).

Consider a nondecreasing loss distribution function FL: R R, which can be written as:L : R R.

The expected shortfall can be represented mathematically as:

ES (L) = -(1/a) ∫a^0 z dFL (z),where a € (0,1)

Now we will differentiate with respect to a using the Leibniz rule, which gives:

∂/∂a ES (L) = (1/a^2) ∫a^0 z dFL (z) + (1/a) FL(a) = (1/a) (ES(L) - VaR(L; a)).

Therefore, the expected shortfall can be represented mathematically as:

ES (L) = -[d/da VaR(L; a)]where a € (0,1)

Now we'll utilize the delta-gamma normal approximation, which states that for small a, the expected shortfall is approximately given by:

ES (L) ≈ -(VaR (L; a) + VaR'(L; a) σa / √2π),

where VaR'(L; a) is the density of VaR (L; a)

and σa is the standard deviation of losses.

The VaR(L; a) for a confidence level of a can be represented mathematically as:

VaR(L; a) = inf { x : F (x) ≥ a }

Now the expected shortfall can be represented mathematically as:

ES (L) = -√var a(1) ldF, (1)

Thus, this is the required solution of the given problem.

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About how long is a true elevator pitch?

Answers

An elevator pitch is about 20-60 seconds

Answer:

It's about 30 seconds

Hope this helps

Explanation:

what is the summary, concept and key point of this article, for presenting to the class

Harvard Business Review , HBR Article of Managing Change, the Art of Balancing

If you summarize the key point, and concept of this article from start up to the end of the article just in one 1 - 1.5 pages,

Managing Change

The Art of Balancing

by Jeanie Daniel Duck

Answers

The Harvard Business Review (HBR) article by Jeanie Daniel Duck is about "Managing Change: The Art of Balancing." The key point of this article is that change management requires a delicate balance between a range of factors. The article presents the concept of the Change Curve, which is used to understand the emotional and psychological journey of people through the process of change.

Summary: The article presents change management as a balancing act. The author argues that change leaders must balance four key factors: the need for change, the magnitude of change, the willingness of people to change, and the capacity to change. The Change Curve is presented as a tool for understanding the emotional and psychological journey of people through the process of change.
Concept: The article emphasizes the importance of balance in managing change. Change leaders must balance the need for change with the magnitude of change, the willingness of people to change, and the capacity to change. The Change Curve is presented as a tool for understanding the emotional and psychological journey of people through the process of change. The article also highlights the importance of communication, engagement, and leadership in managing change effectively.
Key Point: Change management requires a delicate balance between a range of factors, including the need for change, the magnitude of change, the willingness of people to change, and the capacity to change. The Change Curve is a tool for understanding the emotional and psychological journey of people through the process of change. Effective change management requires communication, engagement, and leadership.

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Peggy started work after graduation and started investing.
Why do you think Peggy would have decided to invest?

A. to keep her finances liquid for emergencies
B. to earn compound interest
C. to minimize the risk of losing money
D. to build on her retirement fund
E. to take out a student loan for further education

Answers

Answer:

c

Explanation:

C
Highschool students still don’t know what to do after graduation and may lead to debt after

Providing advice to a company to help with recommendations to improve performance is known as

consulting

job sharing

temporary employment

working remotely

Answers

Answer:

Job sharing maybe?

Explanation:

I'm not completely sure but it makes sense because you're "sharing" that job.

Answer:

Consulting

Explanation:

Consultants often are hired by companies to observe business practices and make recommendations to improve performance or to provide a service.

A manufacturing plant produces two product lines: golf equipment and soccer equipment. An example of indirect cost for the soccer equipment line is the

Answers

An example of indirect cost for the soccer equipment line is the : Monthly lease payments for a specialized piece of equipment needed to manufacture the golf driver

Indirect cost is a cost used by multiple activities which and cannot be directly assigned to any specific cost objects.

Indirect costs are expenses unrelated to producing a good or service hence not associated  to specific product or project within a company.

Examples of indirect cost includes :

Accounting and legal expenses Administrative salaries

Therefore, monthly lease payments for a specialized piece of equipment needed to manufacture the golf driver is an example of indirect cost.

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A reduction in the interest rate would be likely to lead to which 2 of the following?

A. growth in the size of the economy

B. a fall in the rate of inflation.

C. a fall in the rate of unemployment

D. a rise in the value of the pound

please give me two letters

Answers

Answer:

A

Explanation:

what is a security deposit?

Answers

A security deposit is a sum of money that is paid by a tenant to the landlord usually before a tenancy commences or on the date of commencement of the tenancy. The security deposit is considered the lawful property of the tenant until the landlord establishes a right to it.

Managerial economist estimates the price-quantity relationship for Textile Company to be p= 40-4q a. At what output rate demand is unitary elastic? b. Over what range of output demand is elastic? c. Over what ranges of the output of demand are inelastic?

Answers

Answer:

So unit elastic at q = 5

inelastic above 5

and elastic below 5

Explanation:

The elasticity is determianted by the marginal revenue.

Our first goal is to find the marginal revenue function

p = 40 - 4q

total revenue(TR)  =  quantity times price

q x (40 - 4q) = -4q^2 +40q

marginal revenue TR(q)/d(q)  = -8q + 40

Now, with this fuction the economic analisys states that a demand is unit elastic when marginal revenue is zero.

It will be inelastic below zero and elastic above zero

MR will be zero when q = 5

-8(5) + 40 = 0

As quantity increases the demand will be inelastic

while

A client at your firm has a portfolio consisting exclusively of commercial paper and banker's acceptances. Based on these holdings you would conclude that this client A) is taking precautions to minimize risk B) is not interested in equities C) is seeking returns above those of standard money market rates D) is in a high tax bracket and needs tax free income

Answers

A client at your firm has a portfolio consisting exclusively of commercial paper and banker's acceptances is A. taking precautions to minimize risk.

Who is a client?

It should be noted that a client simply means an individual using the service of a professional body.

In this case, a client at your firm has a portfolio consisting exclusively of commercial paper and banker's acceptances is taking precautions to minimize risk.

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Nola Potter earns a salary of $1,200 a month and a commission of 7.5% on all sales over $4,000. This month her sales were $21,400. Find her total earnings for the month.

Answers

Answer:

$ 2,805  

Explanation:

Nora has a salary of $1200

The commission is paid on all sales above $4000 at 7.5%

Current month sales are $21,400.

Commissions to be paid will be 75% of $21,400

=7.5/100 x $21,400

=0.075 x 21,400

=$1,605

Nora's total earnings will be salary plus commissions

=$1,200 +$1,605

=$ 2,805

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