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Martinez Inc. sells tickets for a Caribbean cruise on ShipAway Cruise Lines to Carmel Company employees. The total cruise package price to Carmel...
Martinez Inc. sells tickets for a Caribbean cruise on ShipAway Cruise Lines to Carmel Company employees. The total cruise package price to Carmel Company employees is $80,000. Martinez Inc. receives a commission of 6% of the total price. Martinez Inc. therefore remits $75,200 to ShipAway.