The sale price be if the total commission was $9,000 would be $165000.
<h3><u>
What is commission?</u></h3>
- A type of variable-pay compensation for goods or services sold are commissions.
- Salespeople are frequently encouraged and rewarded with commissions.
- Additionally, commissions can be created to promote particular sales habits.
- For instance, commissions may be decreased while providing significant discounts.
- Or commissions might be raised when promoting particular goods that the company wishes to sell.
- The framework of a sales incentive programme, which may comprise one or more commission plans, is where commissions are normally administered (each typically based on a combination of territory, position, or products).
- As a strategy for businesses to try to realign employee interests with those of the company, payments are sometimes calculated as a proportion of revenue.
The broker's 6% commission came to $7,200 (.06 x $120,000). Subtracted from the total commission of $9,000, it leaves an additional balance of $1,800.
Since that portion was paid at the rate of 4%, dividing $1,800 by .04 yields the home's second cost component of $45,000. Add that to $120,000 and the home's total selling price was $165,000.
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Answer:
Explanation:
Internal processes of a company contribute to how effective the company runs. Looking for areas and ways to improve the internal processes will aid in building an organization that is highly efficient. The major causes needs to be known.
Ways of identifying the root causes might not be possible until basic analysis is carried out or sometimes it might be visible depending on the major problem facing the organization internally.
Internal process of a company increase the effectiveness of such company, identifying how to improve these internal processes helps to build an organization that is highly efficient.
Answer:
$15960.94 is the amount I will have in my account after 17 years.
Explanation:
Firstly we are given the present value of the investment that we will be saving so it will be $7250. we are further given that this investment will be saved during a period of 17 years at different rates through the 17 years so we are looking for the future value after 17 years therefore we will use the future value investment formula as just only one amount is invested.
The future value formula = 
where Fv is the future value of the investment after 17 years,
Pv is the invested amount initially $7250
i is the interest rate which here it is 4% for the first 5 years, then 4.6% after for 4 years, thereafter 5.3% for the remaining 8 years so we will.
n is the number of years of the investment as per their given interest rates, substitute these values to the above mentioned formula:
Fv= $7250((1+4%)^5) ((1+4.6%)^4)( (1+5.3%)^8) then compute on a calculator
Fv = $15960.938 then we round off to two decimal places
Fv = $15960.94 which will be the amount that will be saved after 17 years .
Answer:
E. None of the above
Explanation:
The standard reaction function of firm 2 is given as = a-Cb/2b - 1/2*Qa
P = 30 - (Qa + Qb)
where a = 30 b = 1 and C = 3.
Leader's output = (a + Cb - 2Ca)/2b
Leader's output = (30 + 3 - 3*2)/2
= 13.5 units.
Reaction function of firm B,
Qb = 30 - 3/2
= 13.5 - 1/2*13.5
= 6.75 units.
P = 30 - (13.5 - 6.75)
= $9.75
Therefore, The price of this new drink in the long run if the industry is a Stackelberg duopoly is $9.75
