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nydimaria [60]
3 years ago
7

4. Miguel works as an insurance salesman, and is paid based on the number of sales he makes. He receives 10 percent of every sal

e, but receives no other money from his employer. Miguel is being paid according to a(n)_______
A. salary
B. individual
C. Combination
D. Commission
Business
1 answer:
mash [69]3 years ago
3 0

Answer:

The right answer is D. Commission.

Explanation:

when an employee does not have a fixed salary, but earns according to the sales he achieves during the month, and is a percentage for each. This type of payment is known as commission salary.

You might be interested in
1) Markets and competition In a perfectly competitive market, all producers sell___________ goods or services. (perfectly identi
marishachu [46]

Answer:

The answers are,

1) Perfectly Identical

2) many

3)takers

4)false

Explanation:

Lettuce is a commodity that can't be differentiated much based on the product. It can be however, differentiated from branding, packaging, etc.

But since the Lettuce is a broad category, we can assume that it is a competitive market.

Perfectly competitive markets do not really exist in the real world and are more of a hypothetical scenario. However, knowing the concept allows businesses and governments to make sound economic decisions regarding production and consumption.

3 0
3 years ago
Your regular price is $30/unit, unit variable cost is $20/unit and fixed costs are $3,000 per month. Because of the recession, y
Jet001 [13]

Answer:

Answer is in table which is attached in the attachment. Please refer to the attachment.

Explanation:

<em>Calculations:</em>

Status quo: Revenue 30* 200= 6000, VC 30*20= 4000, CM 6000-4000= 2000, 2000-3000= -1000 (Contribution Margin – fixed cost = Profit/Loss)

(b) Since the loss is less in Advertising even after $300 cost of advertisement, so we would choose the option 3 for advertising.

(c). In order to survive in the period of recession, a business needs cash and reducing operation expenses can do it better. This business is in loss from last three months so it might be useful to shut down the business for some period.

8 0
3 years ago
Cordell Inc. experienced the following events in 2018, its first year of operation:
Zepler [3.9K]

Answer:

See explanation

Explanation:

See the images to get the result.

7 0
3 years ago
Pharsalus Inc. just paid a dividend (i.e., D0) of $ 2.69 per share. This dividend is expected to grow at a rate of 3.8 percent p
maks197457 [2]

Answer:

P0 = $26.5925 rounded off to $26.59

Explanation:

Using the constant growth model of dividend discount model, we can calculate the price of the stock today. The DDM values a stock based on the present value of the expected future dividends from the stock. The formula for price today under this model is,

P0 = D0 * (1+g) / (r - g)

Where,  

D0 is the dividend paid  recently

D0 * (1+g) is dividend expected for the next period /year

g is the growth rate

r is the required rate of return or cost of equity

P0 = 2.69 * (1+0.038)  /  (0.143 - 0.038)

P0 = $26.5925 rounded off to $26.59

3 0
3 years ago
Adjustments to expense accounts at the end of the accounting period are made to adhere to accrual accounting principles, specifi
babymother [125]

Answer: Revenue Recognition

Explanation:

From the given text/information/scenario , we can state that the answer to the following question is revenue recognized. Revenue recognition is referred to as or known as the accounting principle that tends to outline certain specific conditions and circumstances under which the revenue is recognized.

4 0
3 years ago
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