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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My best guess is B. Transfer money online from her savings account to her checking account. But not certain about my answer. :(
Answer:
The net realizable value of Accounts Receivable = 1,985,538
Explanation:
The journal entry will be: Allowance for Uncollectible Accounts (Debit - Decreased) 6,000 and Accounts Receivable (Credit - Decreased) 6,000.
After the journal entry the credit balance in the Allowance for Uncollectible Accounts will be: 2,005,000 - 6000 = 1,999,000, and the debit balance in Allowance for Uncollectible Accounts will be: 19,462 - 6,000 = 13,462.
Then net realizable value of Accounts Receivable will be: 1,999,000 - 13,462 = 1,985,538.
<u>Given:</u>
Loan amount = $250000
Interest rate = 5.5%
Interest payment = $2042.71
<u>To find:</u>
Total amount of interest
<u>Solution:</u>
The total number of months in 15 years = 
Total monthly payments will be 
So, the total pay-backs will be $3,67,687.8
Total interest paid will be as follows,
On plugging-in the values in the above formula we get,
Therefore, the total amount of interest that the borrower will pay over the course of the loan is $1,17,687.80.
Anoveoswer:
The government deficit is $150 billion
Explanation:
Current Account (CA) = Savings(S) -Investment(I).
Current account (CA) is also conventionally defined as (X-M) (value of exports – value of imports) + Net income from abroad. (R)
CA = (X-M) + (R)
In this case CA= $1050 billion - $1100 billion
CA= -$50 billion
Therefore CA = (X-M) + (R)
- $50 billion = x + $100 billion
X-M= -$100 billion + -$50 billion= -$150 billion
