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3 years ago

Under what type of compensation plan is the agent responsible for the costs of advertising and promotion?

Business

1 answer:

Oksana_A [137]3 years ago

5 0

Answer:

100% plan

Explanation:

The 100% plan is when the agent doesn't have a base salary and the job pay depends completely on the comission for selling products. This compensation plan provides a big earning potential and the agent is an independent contractor and would have to cover costs of advertising and promotions. Because of that, the answer is that the type of compensation plan in which the agent is responsible for the costs of advertising and promotion is the 100% plan because the agent is not considered an employee and only receives the comission and has to cover the costs associated with advertising and promotion.

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leva [86]

Answer:

As calculated below (attachment)She must deduct the expenses related to interest and taxes first, then deduct her other business expenses, then at last the depreciation.She may carry forward the $1,105 ($145 limit- $1,250 current depreciation) which she is not ble to use in the current year to a future year when her business has sufficient income to absorb the deduction.

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3 years ago

The first step in creating animation is ________________. This involves the plot, conflict, setting and characters.a.Create a St

worty [1.4K]

Answer: The answer is Think of a story

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2 years ago

A work sheet is an internal aid which is helpful in preparing financial (statements/reports). It reduces risk of _ (errors/effec

Citrus2011 [14]

The work sheet reduces <u>risk of errors</u> when working with many accounts and adjustments.

<h3>What is a work sheet?</h3>

A work sheet means an internal document used by companies to help with adjusting, closing accounts and preparation of financial statements

Some benefit of work sheet in preparation of financial statement includes:

its reduces the possibility of errors when working with many accounts and adjustments
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2 years ago

An auto manufacturer uses 500 tons of steel per day. The company pays $1100 per ton of steel purchased, and each order incurs a

mr Goodwill [35]

Answer:

economic order quantity (EOQ) = √(2SD/H)

D = annual demand = I will assume that the company works during 250 days per year (from Monday to Friday) = 250 x 500 = 125,000

S = order cost = $2,250

H = holding cost = $275

EOQ = √[(2 x 2,250 x 125,000) / 275] = 1,430.19 ≈ 1,430 tons

cycle length:

125,000 / 1,430 = 87.4 purchases per year

365 days / 87.4 = place a purchase order every 4.2 days

total annual cost:

total costs = (87.4 x $2,250) + (125,000 x $1,100) + (1,430/2 x $275) = $196,650 + $137,500,000 + $196,625 = $137,893,275

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4 years ago

If you are a new small business owner looking for a loan, a bank will most likely expect you to: find equity investors to spread

Nana76 [90]

Answer:

personally guarantee that you will be responsible for the business loan

Explanation:

personal guarantee will help the business owner get approved for a loan. If the business fails the bank can go after the business owners personal assets or property. To get this loan the business owner makes the guarantee promising to pay for business debts using his or her personal asset, which might include cash, real estate, assets or investments.

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3 years ago

Read 2 more answers