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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.

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A broker just did something unethical , what did they do and what is it called ?
DochEvi [55]

Answer:Churning

Explanation: My teacher told us in class

6 0
2 years ago
If Division Inc. expects to sell 200,000 units in the current year, desires ending inventory of 24,000 units, and has 22,000 uni
Lyrx [107]

Answer:

a) True

Explanation:

Sales = Opening + Production - Closing

$200,000 = $22,000 + Production - $24,000

Production = 202,000 Units

Hence, the answer is a. True

4 0
2 years ago
The Income Statement is also known as the company's financial condition at a specific point in time. A : True B : False
sukhopar [10]

Answer:

A : True

Explanation:

  • The income statement is also called as a profit and a loss statement and is called a revenue statement and is transformed into the net income and the net profits and is to show the managers and the investor whether the company is making a profit and represent over a period of time.
3 0
3 years ago
K. Johnson, Inc.'s managers want to evaluate the firm's prior-year performance in terms of its contribution to shareholder value
jolli1 [7]

Answer:

-3 million dollars

Explanation:

we have EVA = economic value added

to ge the EVA, we use this formula :

(operating return on the assets - cost of the total capital) multiplied by the total assets

total assets = 100 million

operating return = 12 percent

cost of capital = 15 percent

the EVA = 12% - 15% * 100000000

= -0.03 * 100000000

= -3,000,000 dollars

b. The loss of the value of the shareholder is happening even though the firm is earning ROI that is more than the average firm in the industry.

3 0
2 years ago
In a perfectly competitive market
lawyer [7]

Answer:

D. No seller can influence the price of the product

Explanation:

A perfect market for competition is a market which has a high level of competition.  

It has the following features-

1. With regard to the market, knowledge is perfect in this rivalry between producer and consumer.  

2. Free entry, and exit

3. Deals with same or homogeneous products

4. The buyers and sellers are more in this market

5. There is no transport cost

Moreover, the average revenue and the marginal revenue are equal.

So, the correct option is D.

6 0
3 years ago
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