New Salespeople at a Retail Store Generate an Average of $50,000

question 22

Multiple Choice

New salespeople at a retail store generate an average of $50,000 in profit their first year.In addition,the reduced workload on the rest of the sales staff improves their efficiency and ability to provide high-quality customer service by 10 percent.This is worth an additional $20,000 to the company.The cost of hiring and training a new salesperson is expected to be $3,000 and $8,000 respectively.The salary for this position is $35,000.What is the return on investment of hiring an additional salesperson?

• A)152%
• B)163%
• C)200%
• D)143%

Analyze the body's physiological response to changes in body position and its effect on pulse rate and blood pressure.

Recognize the characteristics and functions of different types of blood vessels in the systemic circuit.

Understand the phases of the cardiac cycle and their influence on blood pressure.

Calculate cardiac output and understand its importance in cardiovascular function.

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Definitions:

Petty Cash

A small amount of cash on hand used for covering minor expenses in a business, such as office supplies or postage.

Accounts Receivable

Outstanding payments that clients are obligated to pay a company for received goods or services.

Various Accounts

Different types of accounts managed within accounting, including assets, liabilities, equity, expenses, and revenue accounts.

Petty Cash Fund

A petty cash fund is a small amount of cash on hand used for paying expenses too small to merit writing a check.