Marcus can choose between a monthly salary
of $1,500 plus 5.5% of sales or $2,400 plus 3% of sales. He expects sales
between $5,000 and $10,000 a month. Which salary option should he
choose? Explain
As you can see, despite the high percentage of sales offered, it is not a good option because the fixed salary is low as compared to the other option. Even the maximum salary he'll receive under the option $1500 is way lower than the minimum salary he'll receive under the option $2400.
Marcus can choose between a monthly salary of $1,500 plus 5.5% of sales or $2,400 plus 3% of sales. He expects sales between $5,000 and $10,000 a month. Which salary option should he choose? Explain.
