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Jim Smith Is a Salesman Who Receives a $1,100 Draw

Question 47

Multiple Choice

Jim Smith is a salesman who receives a $1,100 draw per week. He receives a 12% commission on all sales. Sales for Jim were $205,000 for the month. Assuming a four-week month, Jim's final commission after the draw for the month is:


A) $24,600
B) $20,200
C) $23,500
D) $26,400
E) None of these

Correct Answer:

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