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tester [92]
3 years ago
11

Tyrion is compensated by his company under a straight commission plan. He receives 10 percent of the total sales revenue per wee

k. In a particular week, the total sales revenue is $6,000. This amount is known as the:__________.
Business
1 answer:
larisa [96]3 years ago
8 0

Answer:

Salesperson compensation

Explanation:

According to straight commission plan the sales person is paid compensation on the basis of a fixed percentage of the total sales volume rather than paying a fixed salary.

This method encourages the sales persons to work efficiently towards increasing the sales in return for a compensation or commission.

In this particular case Tyron will receive 10% of $ 6,000 that is $ 600 as a commission for making these sales of $ 6,000.

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Im 100 percent sure that the anser is c
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3 years ago
Each of the following statements may (or may not) describe one of these technical terms. In the space provided below each statem
densk [106]

Answer: Please find below the answer. You omitted the terms to be used.

Explanation: Using the accounting terms,  Revenue expenditure. straight line policy, Goodwill,capital expenditure, half year convention, accelerated depreciation, research and development, MACRS,

filling in the terms appropriately, or None, if statement does not describe any term, we have

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7 0
3 years ago
What are the three questions you need to ask yourself before you start investing
Leto [7]

Explanation:

Is the seller licensed?

Is the investment registered?

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6 0
2 years ago
The 7 percent bonds issued by Modern Kitchens pay interest semiannually, mature in eight years, and have a $1,000 face value. Cu
shtirl [24]

Answer: 6.5%

The yield to maturity is 6.496% (approximated to 6.5% to nearest tenth)

Explanation:

Using the formula (semi annually YTM)

YTM = C + (fv - pv) /t ÷ (fv + pv)/2

C= coupon rate = 7%(1000)= $70

fv = face value = $1,000

pv = price value = $1,032

t = Time to maturity in years = 8years

C + (fv - pv) /t = 70 + (1000–1032)/8

= 70 – (32 /8) =66

(fv + pv) /2 = (1000 + 1032) /2

= 2032 / 2

= 1016

YTM = 66 / 1016

YTM = 0.06496

In % = (6496 / 100,000) × 100

= 6.496%

Approximately.... 6.5%

8 0
3 years ago
Outline the process the raw ingredients for a single flavor of ice cream might undergo to get to a local grocery’s freezer case.
den301095 [7]

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3 years ago
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