Alex Is a Salesperson Who Receives an Annual Salary of $18,000

question 59

Multiple Choice

Alex is a salesperson who receives an annual salary of $18,000 paid semimonthly plus commissions of 5% of the retail price of each unit he sells which is paid on the final pay date of the month. During his first month of employment, he sold four units for a total of $1,000 and requested a
5% draw against his $15,000 monthly minimum sales, in accordance with his employment agreement. How much should Alex receive in his
Gross pay for the end of his first month?

• A) $1,750.
• B) $1,250.
• C) $800.
• D) $1,550.

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Definitions:

Oxygen

A chemical element essential for respiration in humans and vital for combustion; symbol O.

Blood Vessels

The network of arteries, veins, and capillaries that circulate blood throughout the body, supplying oxygen and nutrients while removing waste.

Stomach

A digestive organ in the body that breaks down food using stomach acids and enzymes.

Cardiorespiratory Fitness

A measure of the efficiency of the heart and lungs to transport oxygen to the muscles during prolonged physical activity.