Fred Has an Annual Salary of $40,000

question 316

Multiple Choice

Fred has an annual salary of $40,000.00. He is paid semi-monthly and his regular workweek is 40 hours. What is his regular salary per pay period?

• A) $1,538.46
• B) $1,458.33
• C) $3,076.92
• D) $1,666.67
• E) $3,333.33

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Definitions:

Channel Sales Representative

A professional responsible for managing relationships and sales through specific distribution channels.

Distribution Intermediaries

Entities that facilitate the movement of products from the producer to the consumer, such as wholesalers and retailers.

B₂B Sales

Business-to-Business sales involve transactions between businesses, such as between a manufacturer and a wholesaler, or a wholesaler and a retailer.

Decision Maker

An individual or group responsible for making choices that influence outcomes, particularly in business or organizational contexts.