Determine the earnings at sales
Response to the following problem:
Cambridge Company's president receives a $150,000 base salary and a bonus of 0.5% of sales for the year. How much will the president earn at a sales level of $3,000,000 for the year?
Show your all work.
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Cambridge Company's president receives a $150,000 base salary and a bonus of 0.5% of sales for the year.
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