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natta225 [31]
2 years ago
6

A consumer values a house at $525,000 and a producer/seller values the same house at $485,000. If the transaction is completed a

t $510,000, the transaction will generate
Business
1 answer:
Effectus [21]2 years ago
7 0

A consumer values a house at $525,000 and a producer/seller values the same house at $485,000. If the transaction is completed at $510,000, the transaction will generate error

<h3>What is transaction?</h3>

A financial transaction is a contract or communication between a buyer and seller to exchange goods, services, or assets in exchange for money. Any transaction involves a shift in the financial status of two or more businesses or individuals.

The total value of all transactions is divided by the number of transactions or sales to calculate the average transaction value. This can be calculated daily, monthly, or annually. As an example, sales of $200,000 for the year could be generated by ten sales or transactions.

The transaction date is the date on which any financial transaction takes place. The date when ownership changes in any financial transaction occurs on the transaction date.

To know more about transaction follow the link:

brainly.com/question/24835236

#SPJ4

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Expenses are recorded as costs of doing business whether cash was paid or not.<br> True or False
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I think it’s true i’m not sure
7 0
3 years ago
Rapid Enterprises applies manufacturing overhead to its cost objects on the basis of 75% of direct material cost. If Job 17X had
lozanna [386]

Answer:

Direct material cost = $112,000

Explanation:

<em>Pre-determined overhead absorption rate rate = Estimated overhead for the period / estimated direct material cost</em>

Pre-determined overhead absorption rate rate (OAR= 75% of direct material cost

Applied overhead = OAR × direct material cost

Applied overhead = 75%  × direct material cost

Let direct material cost be represented by y

84,000= 75% × y

y = 84,000/75%= 112000

Direct material cost = $112,000

5 0
3 years ago
Explain how the legal, regulatory and ethical requirements relate to the business of selling or marketing
PIT_PIT [208]
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6 0
3 years ago
How much water needs to be mixed with three liters of
irinina [24]

Answer:

The volume of water needed=0.86 liters

Explanation:

Step 1: Form an equation

The equation can be expressed as follows;

(Ac×Va)+(Wc+Vw)=Fc(Va+Vw)

where;

Ac=initial concentration of antifreeze

Va=volume of antifreeze in liters

Wc=concentration of water

Vw=volume of the water in liters

Fc=final concentration of the antifreeze

This expression can be written as;

(concentration of antifreeze×volume of antifreeze in liters)+(concentration of water×volume of the water)=final concentration of the antifreeze(volume of antifreeze in liters+volume of the water in liters)

In our case;

Ac=45%=45/100=0.45

Va=3 liters

Wc=0

Vw=unknown

Fc=35%=35/100=0.35

Replacing;

(0.45×3)+(0×Vw)=0.35(3+Vw)

1.35=1.05+0.35 Vw

0.35 Vw=1.35-1.05

0.35 Vw=0.30

Vw=0.3/0.35=0.86

Vw=0.86 liters

The volume of water needed=0.86 liters

5 0
4 years ago
A good work ethic can be demonstrated by
FrozenT [24]

Answer:

Explanation:

Having a strong work ethic involves upholding the values and goals of the company by performing your job to the best of your ability. It means focusing on completing assigned tasks on time. An employee with a strong work ethic is professional in attitude and appearance.

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4 years ago
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