Corporate Finance Assignment/ Professional Essay Writers
Suppose that Jack has received two job offers from car dealerships to work as a salesman The first dealership, Lemons R Us, offers to pay Jack $500 per car sold The second dealership, Used Lemons, offers an annual salary of $20,000 regardless of Jack’s sales numbers After speaking with some of his friends, Jack infers that the number of cars he can reasonably expect to sell per year is S= 10 + 90a, where 0? a? 1 is a measure of one’s ‘car-selling ability‘ If Jack assesses his ability at a= 01.
What are his expected annual earnings at the dealership whose job offer he will accept? Submit an Integer Answer?
Stay with Scenario in Q2 If Jack’s car-selling ability is actually a= 06, then what are his expected annual earnings at the dealership whose job offer he will accept? Submit an integer answer? Get Finance Help Today