Question: This question has two parts; be sure to answer both.First, list and describe the three parts of compensation.Second, consider this situation: Fred earns a 1

This question has two parts; be sure to answer both.First, list and describe the three parts of compensation.Second, consider this situation: Fred earns a

1, 100

?bonus for each month the store exceeds $

275, 000

?in revenue. Explain how Freds compensation breaks down into the three different parts of compensation.

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