Question: PLEASE SHOW WORK. WILL RATE THUMBS UP! THANK YOU 4. You are an Employee Sales Rep and the company you work for provides a draw

PLEASE SHOW WORK. WILL RATE THUMBS UP! THANK YOU
4. You are an Employee Sales Rep and the company you work for provides a "draw" against earned commissions. Your monthly salary draw was $3,000 and you get another $1,500 per month draw against future commissions. The company commission plan pays 5% on all sales. For the last month, your sales totaled $80,000. What was your earned commissions? Did you cover your draw? What was the dollar difference between your draw and commission? 5. Your company sales plan pays a commission of 5% "of your salary" once you meet your territory goal. In addition, if the company meets its company goal you receive a $5,000 bonus. You have an annual salary of $60,000. Your territory goal was $800,000 and the company goal is $120,000,000. Your end-of-year sales was $815,000 and the company sales were $120,600,000. What was your total compensation for the year including your salaryStep by Step Solution
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