A company employs 500 salespeople. Of these, 156 received a bonus last year, 200 attended a...

A company employs 500 salespeople. Of these, 156 received a bonus last year, 200 attended a special sales training program at the beginning of last year, and 83 both attended the special sales training program and received a bonus. The bonus was based totally on sales performance.

What proportion of the 500 salespeople received a bonus last year?
What proportion of the 500 salespeople attended the special sales training program at the beginning of last year?
What proportion of the 500 salespeople both attended the special sales training program and received a bonus?
What proportion of the salespeople who attended the special sales training program received a bonus?
Does the special sales training program seem to have been effective? Explain your answer.

Expert Solution

In case if i made any mistake,please comment below. Thank you!

orchestra answered 1 year ago

Respond to the following in a minimum of 175 words: A company employs 400 salespeople. Of...

Respond to the following in a minimum of 175 words: A company employs 400 salespeople. Of these, 83 received a bonus last year, 100 attended a special sales training program at the beginning of last year, and 42 both attended the special sales training program and received a bonus. (Note: the bonus was based totally on sales performance.) a) What proportion of the 400 salespeople received a bonus last year? b) What proportion of the 400 salespeople attended the special...

A company pays its salespeople on a commission basis. The salespeople are paid $200 per week...

A company pays its salespeople on a commission basis. The salespeople are paid $200 per week plus 9% of their gross sales for that week. For example, a salesperson who sells $5000 worth of merchandise in a week is paid $200 plus 9% of $5000, for a weekly pay of $650. Create an application that uses a for loop to input each sales person’s gross sales for the week, and calculates and displays that sales person’s weekly pay. Process one...

A company pays its five salespeople on a commission basis. The salespeople receive $200 plus 10%...

A company pays its five salespeople on a commission basis. The salespeople receive $200 plus 10% of their sale. For example, for the employee sale of $1000, the commission is $300. Write a C program that: inputs each employee sales. The program then calculates the employee commission, prints out each employee commission. The program calculates the total sum of all commissions paid, and print. Your program will use a sentinel value to exit. You must use a one-dimensional array for...

Brewster’s Used Cars, Inc. employs several salespeople. Brewster, the owner of the company, has provided a...

Brewster’s Used Cars, Inc. employs several salespeople. Brewster, the owner of the company, has provided a file that contains sales records for each salesperson for the past month. Each record in the file contains the following two fields: The salesperson’s ID number, as an integer The amount of a sale, as a real number The records are already sorted by salesperson ID. Brewster wants you to design a program that prints a sales report. The report should show each salesperson’ssales...

Sum $500 received now with $500 received one year from now, if the discount rate is...

Sum $500 received now with $500 received one year from now, if the discount rate is 10%?

You have received a year-end bonus of $5000. You decide to invest the money in the...

You have received a year-end bonus of $5000. You decide to invest the money in the stock market and have narrowed down your options to two mutual funds. This data represent the historical quarterly rates of return for each mutual fund for the last five years. Describe each data set using words related to shape, center, and spread. Which mutual fund would you choose to invest in, and why? Mutual Fund A Mutual Fund B 1.3 -5.2 -0.3 6.7 0.6...

A company received 10,000 invoices in the last financial year. Their auditors do not have time...

A company received 10,000 invoices in the last financial year. Their auditors do not have time to examine all of these, so they take a random sample of 200. Describe how they could organize the sample.

Your firm has recently received an order for 500 units priced at $200 each from a...

Your firm has recently received an order for 500 units priced at $200 each from a distributor in Toronto (Canada). To fill the order, you have two options: Import polyester from a supplier in Monterrey (Mexico) to your manufacturing plant in Nashville (USA). Transform the polyester into carpet (1 unit of polyester = 1 unit of carpet), then transport the carpet to Toronto. Doing this comes at the following costs: Price of polyester from your Mexican supplier: 500 MEX (pesos)...

$100 is received at the beginning of year 1, $200 is receivedat the beginning of...

$100 is received at the beginning of year 1, $200 is received at the beginning of year 2, and $300 is received at the beginning of year 3. If these cash flows are invested at 12 percent, what will their future value be at the end of year 3?What is the present value of a $25,000 perpetuity be if the discount rate (required rate of return) is 14 percent? (HINT: Excel does not have a built-in formula for perpetuity. You...

ACF is a textile company that has operating earnings (EBIT) of $50 million. It employs $200...

ACF is a textile company that has operating earnings (EBIT) of $50 million. It employs $200 million capital that comes 60% from debt and the rest, 40% from equity. Its cost of debt is 5% and tax rate is 35%. Estimate the EVA if ACF’s beta is 1.5, the market risk premium is 6% and the risk free interest rate is 3%. a) 19.0 b) 17 c) 15 d) 22

Question