Multiple Choice
If a company reports total revenue of \$100 and has sales returns and allowances of \$10 and sales discounts of \$5, what is the net sales amount?
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4. Merchandising Operations
Net Sales
Multiple Choice
If you clean a community park for 6.5 hours and earn \$42.25, how much do you earn per hour?
A
\$5.75
B
\$6.35
C
\$7.25
D
\$6.50
Verified step by step guidance1
Step 1: Identify the total earnings from cleaning the park, which is \$42.25.
Step 2: Determine the total number of hours worked, which is 6.5 hours.
Step 3: Use the formula for calculating earnings per hour: \( \text{Earnings per hour} = \frac{\text{Total Earnings}}{\text{Total Hours Worked}} \).
Step 4: Substitute the values into the formula: \( \text{Earnings per hour} = \frac{42.25}{6.5} \).
Step 5: Perform the division to find the earnings per hour, which will give the correct hourly rate.
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