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You Are the New Accountant for Apple of My Eye

Question 124

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You are the new accountant for Apple of my Eye Computer store. The company sells computers and computer-related accessories. Additionally, the company sells extended warranties for the computers. Because the extended warranties are a significant profit center for the company, salespeople are encouraged to promote the extended warranties. In return they receive a 35% commission on all warranties that they sell. You have never encountered commission sales before, so you will need to research this topic. Complete the first two steps of the research process based on the information provided in this problem.

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