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To calculate quota rent, first calculate the economic rent, which is the positive difference between the domestic price of the good and the free market price from around the world. Next, multiply that economic rent by the quantity of the good imported, and you will have the quota rent.
If you're held to a gross margin quota, your number would be calculated by subtracting the cost of goods you sell from the overall revenue. A gross profit quota is calculated by subtracting selling expenses and the cost of goods sold from the final revenue number.
The math involved in this calculation is simple: Divide the goal by the actual. This gives you a percentage value that represents how much of the goal has been achieved. For instance, if your goal is to sell 100 widgets, and you sell 80, your percent of goal is 80 percent (80/100).
Calculating Quotas To get the standard divisor (or SD), you divide the country's total population by the number of seats available. Consider the U.S.A. We would take the total population (which is about 319 million) and divide by the number of seats in the House, which is 435.
To calculate your sales quota, take your baseline metric and adjust it for desired or expected growth. For example, if you are using a volume-based sales quota, you can calculate the ideal sales quota by dividing your forecasted sales target by the number of salespeople.
Quota attainment measures a salesperson's total sales, as a percentage of their quota for that period. It is a measure of how close they were to reaching their goal for that particular period. Typically, quota attainment is measured either monthly, quarterly, or annually and is tied to a compensation plan.
An import quota is a limit on the amount of imports that can be brought into a particular country. For example, the US may limit the number of Japanese car imports to 2 million per year. Quotas will reduce imports, and help domestic suppliers.
import quota. A governmental restriction on the quantities of a particular commodity that may be imported within a specific period of time, usually with the goal of protecting domestic producers of that commodity from foreign competition. (See tariff.)
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