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worty [1.4K]
3 years ago
6

Agent sally has been with black realty for over three years and has worked up to the top agent in the firm. her commission perce

ntage rate is double that of a starting agent. based on this information, what type of compensation plan does the black agency have in place?
Business
1 answer:
hjlf3 years ago
7 0
<span>Agent Sally has a graduated compensation plan. A graduated commision is system of compensation for sales people where the percentage of sales earned increases incrementally as sales volume increases.</span>
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A competitive firm currently produces and sells 500 units of output. Its total revenue is $3,500; the marginal cost of producing
Orlov [11]

Answer: Reduce output

Explanation: Profit = Total Revenue – Total Costs

Therefore, profit maximization occurs therefore, profit maximization occurs at the most significant gap or the biggest difference between the total revenue and the total cost.

TC = AC×Q = $4×500 = $2,000

Theoretically, profit maximization occurs where MR = MC

From the forgoing, producing an extra unit will increase the cost of the company thereby reducing profit.

The company should reduced output to around 499 units or less

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3 years ago
Chutney Channel is a small organization based in Canada that sells specialty condiments made from local ingredients to a wide ar
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3 years ago
If sixty $1,000 convertible bonds with a carrying value of $70,000 are converted into 9,000 shares of $5 par value common stock,
Vinvika [58]

Answer:

Explanation:

The journal entry is shown below:

Bonds payable A/c Dr $60,000

Premium on bonds payable A/c Dr $10,000

           To Common stock A/c $45,000

           To Paid in capital in excess of par A/c $25,000

(Being the conversion of bonds is recorded)

The computation is shown below:

For bonds payable

= sixty $1,000 convertible bonds

That means

= 60 × $1,000

= $60,000

For Premium on bonds payable:

= $70,000 - $60,000

= $10,000

For Common stock:

= 9,000 shares × $5

= $45,000

And, the remaining balance is credited to paid in capital in excess of par

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A company that has been subject to Securities Exchange Act of 1934 reporting requirements for five years and has an aggregate wo
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A publicly traded company that, as of the end of its fiscal year, satisfies each of the following requirements:

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  • The business has previously submitted at least one annual report in accordance with Exchange Act Sections 13(a) or 15(d).
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