1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
myrzilka [38]
1 year ago
9

A seller wants to break even after the broker’s commission of 5% and loan balance of $300,000 are paid. At what price must the h

ouse sell?
Business
1 answer:
zhuklara [117]1 year ago
3 0

At $315,789 the house must be sold after taking into consideration the broker's commission.

<h3>What do you mean by broker’s commission?</h3>

A broker’s commission is a brokerage firm employee who is compensated for the number of trades they execute for clients.

These brokers typically earn a percentage of the assets traded by their clients, which means that the more a client trades, the more money they make.

In order to calculate the selling price, we have to start with 100% minus a 5% commission, which is 95% or .95.

Take $300,000 and divide this amount by .95.

This will give the amount or the price at which we can sell the house which is $315,789.

Thus, At $315,789 the house must be sold after taking into consideration the broker's commission.

To learn more about  broker's commission refer:

brainly.com/question/14838861

#SPJ1

You might be interested in
Pierre was served with a summons indicating that he had thirty days to respond
irinina [24]

Answer: Answer

Explanation: just took quiz quiz on edge

8 0
3 years ago
what recognizes the potential for valuable innovations to be launched from lower organizational levels and diverse locations, in
Mazyrski [523]

what recognizes the potential for valuable innovations to be launched from lower organizational levels and diverse locations, including merging markets, is known as:

"Reverse Innovation."

This is because reverse innovation is a type of innovation in which the product is originally innovated for poor neighborhoods such as developing regions, then repackaged in a way that is then sold to the rich neighborhoods such as developed regions.

Reverse innovation is a term originally coined by Vijay Govindarajan and Chris Trimble.

They claimed that reverse innovation is a kind of bottom-up innovation strategy whereby the products designed for poor areas are then redefined and sold to the rich areas.

Hence, in this case, it is concluded that the correct answer is "Reverse Innovations."

Learn more here: brainly.com/question/17931211

4 0
2 years ago
__________ includes marketing research and the development of databases with information about products, customers, and competit
telo118 [61]

Answer:

marketing information system​ (MIS)

Explanation:

There are three primary types of marketing information marketers use to gain insights that will contribute to wise marketing choices: internal data, competitive intelligence, and marketing research.

6 0
2 years ago
Suppose that you only have liability and collision car insurance and you allow your roommate(who doesn’t have car insurance) to
tatuchka [14]

The accident would likely be covered under the collision insurance, which covers the policyholder's car when it collides with another car or an object (in this case it would be an object since it was a single-vehicle accident.

If you only had liability coverage, the damage would likely not be covered because liability insurance only covers the damage caused to the other person and their car, not you or your car.

This will also be added to your insurance record even though you weren't the one driving because it was your vehicle and your policy.

6 0
3 years ago
Discuss how geographics can influence consumer purchasing decisions
OLga [1]
A surf board shop for example. If you lived in a place like Ohio you’re not gonna have very many sales because there’s no ocean or surf parks near by. But if you lived somewhere like California you’re sales would be much better.
8 0
3 years ago
Other questions:
  • Who advanced both preservation and managing resources sustainably to found the discipline of wildland management used in the Uni
    11·1 answer
  • On March 1, Wright Company purchased new equipment for $58,500 by paying cash. Other costs associated with the equipment were: t
    9·1 answer
  • g Swifty Corporation, Inc. can produce 100 units of a component part with the following costs: Direct Materials $19000 Direct La
    6·1 answer
  • External benefits in consumption refer to benefits accruing to those a. who bought and consumed the product.b. who are selling t
    8·1 answer
  • Morgana Company identifies three activities in its manufacturing process: machine setups, machining, and inspections. Estimated
    7·1 answer
  • What should you do when you use a ladder?
    7·2 answers
  • A product's demand per period is normally distributed with a mean of 100 and standard deviation of 10. The in-stock probability
    8·1 answer
  • The economic survey 2018 suggest that the psychological biases
    10·1 answer
  • So like is there anyone that likes twillzlers (yes ik i cant spell), trips on hot pockets, is really nice, likes orange and blue
    8·1 answer
  • Australia's Health Insurance Commission processes 300 million health claims and makes annual payments of $8 billion of payments
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!