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3 years ago

Most suppliers of travel products pay travel agencies____percent commission on any sales they make.

Business

1 answer:

scZoUnD [109]3 years ago

5 0

Most suppliers of travel products pay travel agencies 10 percent commission on any sales they make.

Explanation:

Suppliers take a percentage of the final booking, not include taxes and certain costs, in return for purchases. While there are variations in the payouts per manufacturer and sales volume of your business with that individual company, the industry standard begins at 10% and can go as far as 40% for some goods.

Travel agencies generally earn 10 percent of the gross reservation and then create a payment between you (travel agent) and the agency.

Let's say, For Example, you book for Christmas to Aspen a family of 5.

If it costs $8,500, your company will be divided up by a commission of $850 (assuming your firm receives a commission of 10%). You will earn a commission of $595 on the booking with a 70-30 split commission.

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4 years ago

National Bank quotes the following for the British pound and the New Zealand dollar: Quoted Bid Price Quoted Ask Price Value of

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Answer:

$15.43

Explanation:

Following actions are required for triangular arbitrage:

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Buy sterling pound @ 1 $ = 1.62 pounds and receive pounds 6172.84 upon conversion.

Now, sell these pounds and purchase NZ $ at the rate :

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Now, reconvert the above proceeds into US $ at the rate

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= $15.43

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3 years ago

Many television infomercial advertise a product at a very low price. after you order the product, you find there is a fairly sub

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Answer:

This is an example of multiple pricing.

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3 years ago

Brian works for Magnira Labs and is conducting research on a certain topic. For the research, he needs $50,000, but the private

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3 years ago

Read 2 more answers

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Answer:

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No you wouldn't. You borrowed $20,000 on the margin which means that you invested $20,000 of your own money. You purchased 1,000 stocks (= $40,000 / $40) of ixnay at $40, and now the stock price is $35. This means that you lost $5,000, and you percentage on the margin = $15,000 / $35,000 = 43%. Since the maintenance margin is 35%, you are still in.

b. how low can the price of ixnay shares fall before you receive a margin call?

we can use the following formula = (1,000price - $20,000)/1,000price = 35%

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3 years ago