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Month January Beginning of month payment (the draw) $3,000 $3,000 Gross margin generated $15,000 $5,000 Commission earned $4,500 End of month payment $1,500 $0 (owes
Month January Beginning of month payment (the draw) $3,000 $3,000 Gross margin generated $15,000 $5,000 Commission earned $4,500 End of month payment $1,500 $0 ("owes $1,500) February $1,500 March $3,000 $20,000 $5,000 $500 (if nonguaranteed) $2,000 (if guaranteed) what would the end of month payments be if the plan was nonguaranteed and monthly draw was $2,500 (instead of $3,000)? So performance and everything else is the same, except the monthly draw is decreased by $500? January end of month payment February end of month payment March end of month payment
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