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tensa zangetsu [6.8K]
3 years ago
7

What is the different between a bonus and commission?...

Business
1 answer:
MatroZZZ [7]3 years ago
4 0

A bonus is more like a reward for service that doesn't vary as much as commission. For example if I say I got a $5000 bonus, it means I can only get 5000 dollars extra.

Commission on the other hand depends on how much a person sells in a day. If I get 30% commission and I sell 300 dollars worth of stuff that day, I get my daily wage plus 30% of 300.

Hope this helped!

You might be interested in
A lab cost $10 million. it had revenues of $6 million and costs of $4 million. what is its return on investment?
Tema [17]

The return on investment is 0.2%.

<h3>What is the return on investment?</h3>
  • Return on investment (ROI) or return on costs (ROC) is a ratio of net income to investment over time (costs resulting from an investment of some resources at a point in time).
  • A high ROI indicates that the benefits of the investment outweigh the costs.
  • ROI is used as a performance measure to evaluate the efficiency of an investment or to compare the efficiencies of various investments.
  • It is one method of relating profits to capital invested in economic terms.

To find the return on investment:

  • Return on investment:
  • (6 - 4)/10 = 0.2%

Therefore, the return on investment is 0.2%.

Know more about return on investment here:

brainly.com/question/15726451

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6 0
2 years ago
Hettrick International Corporation's only product sells for $120.00 per unit and its variable expense is $52.80. The company's m
MrRissso [65]

Answer:

Number of units to be sold= 6,093

Explanation:

Giving the following information:

Selling price= $120

Unitary variable cost= $52.8

Fixed cost= $396,480

Desired profit= $13,000

<u>To calculate the number of units to obtain the desired profit, we need to use the following formula:</u>

Break-even point in units= (fixed costs + desired profit) / contribution margin per unit

Break-even point in units= (396,480 + 13,000) / (120 - 52.8)

Break-even point in units= 6,093.4 = 6,093

7 0
3 years ago
On a shopping​ trip, Melanie decided to buy a light blue coat made from woven fabric. A tag on the coat stated that the price wa
Mekhanik [1.2K]

Answer:

The correct answer is option B.

Explanation:

Melanie decided to buy a coat at a price of $79.95.  

When she brought the coat to the​ store's sales​ clerk, Melanie was told that the coat was on​ sale, and she would pay 20 percent less than the price on the tag.

She got a discount worth $15.99.

The consumer surplus, in this case, will be at least $15.99.

This is because the consumer surplus is the difference between the price the consumer is willing to pay for a good and the price he/she actually pays.  

Melanie paid $15.99 less than the price but she may have been willing to pay more than the initial price. So the consumer surplus will be at least $15.99.

3 0
4 years ago
Open market operations are typically repurchase agreements. What does this tell you about the likely volume of defensive open ma
kondor19780726 [428]

Answer: • Defensive operations are usually common and that the dynamic open market operations is smaller than the volume of the defensive open market operations.

Explanation:

Open market operations is when treasury bills and securities are on sale in an economy. It is typically bought by the central bank to ensure that money is available in an economy.

Open market operations are typically repurchase agreements tells us that defensive operations are usually common and that the dynamic open market operations is smaller than the volume of the defensive open market operations.

3 0
4 years ago
Employees and customers are treated like a family at State Street Coffee House. Jason and Jill, the owners, work to encourage un
quester [9]

Answer: <em>Clan Culture</em>

Explanation:

A clan culture is generally referred to or known as a tribe-like or family-like kind of organization environment that tend to emphasize on the consensus and also on the commonality of  values and goals. Clan cultures are often viewed as a collaborative and also one of the least competitive corporate culture models which often exist in an organization.

7 0
4 years ago
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