In Bowman, the company established a payment schedule in which the sales personâs draw was against any commission such that if the monthly sales were below her sales goal of $ 42,000, she would become indebted to the company for any deficiency. Sure enough, the sales person couldnât maintain her monthly sales quota.
MMR vaccine. The MMR vaccine (also known as the MPR vaccine after the Latin names of the diseases) is an immunization vaccine against measles, mumps, and rubella (German measles). It is a mixture of live attenuated viruses of the three diseases, administered via injection. It was first developed by Maurice Hilleman while at Merck.
Modified internal rate of return (MIRR) assumes that positive cash flows are reinvested at the firm's cost of capital, and the initial outlays are financed at the firm's financing cost. By contrast, the traditional internal rate of return (IRR) assumes the cash flows from a project are reinvested at the IRR.