A brokerage firm that hires licensees as employees instead of as independent contractors must Pay licensees a regular salary regardless of the revenue they generate.
<h3>What is Employment?</h3>
- Employment is a partnership between two people that governs the delivery of compensated labor services.
- One party, the employer, who may be a company, a not-for-profit organization, a co-operative, or any other entity, pays the other, the employee, in accordance with the terms of a contract in exchange for doing the job that has been allocated to them.
- Employees perform work in exchange for pay, which may be made up of an hourly rate, piecework payments, or an annual salary, depending on the nature of the work performed, the industry conditions in effect, and the bargaining power of the parties.
<h3>What exactly is a broker? </h3>
- A brokerage offers middleman services in a variety of contexts, including investing, borrowing money, and buying real estate.
- A broker is a middleman who arranges a sale between a seller and a buyer.
- A broker may be an individual or a company.
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<span>The marketing director for zap games, a video game company, has informed his employees that he feels the company needs to improve its relationship with the distributors of the company's products because the distributors are part of the task environment for zap games. he believes that a stronger relationship with distributors will lead to more market share, and higher profits, for both zap games and its distributors.</span>
Answer:
The journal entry is as follows:
Cash A/c Dr. $2,020,000
Discount on bonds payable A/c Dr. $59,216
To Bonds payable $2,000,000
To Paid in capital - stock warrants $79,216
(To record the issuance of the bonds and warrants)
Workings:
Cash:
= 2,000 × $1,000 × 101%
= $2,020,000
Discount on bonds payable:
= 2,000,000 - 2,020,000 × (980 ÷ 1,020)
= $59,216
Answer:
The break even point in units is 2,425.33.
Explanation:
The break even point is how many units you have to sell to pay the fixed costs. The selling price per unit is 124 and the cost per unit is 94. The contribution margin is 124-94 = 30. This means that per every unit you sell, you have $30 for paying the fixed costs. So, the total units for paying all the fixed costs are 72,760/30 = 2,425.33.
The quality management concept which must be well-defined at the beginning of the project to help avoid rework and schedule delays is requirements.
<h3>Requirements management</h3>
- Requirements management and quality management go hand in hand. Clear, well-defined requirements lead to less rework and schedule delays.
In conclusion, we can conclude that the correct answer is requirements management.
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