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MAXImum [283]
1 year ago
6

a seller wants to net $55,614 from the sale of her house after paying a 7% commission. her minimum sales price will have to be?

Business
1 answer:
ivann1987 [24]1 year ago
7 0

In a situation wherein a seller wants to net $55,614 from the sale of her house after paying a 7% commission, her minimum sales price will have to be at least $59,800. Therefore, the option C holds true.

<h3>What is the significance of sales price?</h3>

Sales price can be referred to or considered as the price at which goods or services are being sold by a seller in the market. Usually, the sales price is higher than the cost price.

When the net returns desired by a seller is $55,614, and the commission is at 7%, then the sales price shall be 55614 / 0.93 = $59,800.

Therefore, the option C holds true regarding the significance of sales price.

Learn more about sales price here:

brainly.com/question/20106496

#SPJ4

The question seems to be incomplete. It has been added below.

A seller wants to net $55,614 from the sale of her house after paying a 7% commission. Her minimum sales price will have to be?

$55,341

$59,506

$59,800

$63,000

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1. Atlantic Northern Inc. pays an annual dividend rate of 8.00% on its preferred stock that currently returns 10.72% and has a p
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Answer:

First blanket 74.63

Second blanket $57.39

Explanation:

Step 1. Given information.

Annual dividend rate 8%

Current returns 10.72%

Par value 100.00

Step 2. Formulas needed to solve the exercise.

Price = Dividend÷Current return

Value of preferred stock = dividend / stock's yield

Step 3. Calculation.

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The new ordinance will make a difference when the new wages will be binding.

<h3>How to depict the information?</h3>

It should be noted that the supply curve shows the relationship between the price and the quantity supplied.

Based on the information given, when the equilibrium wage is above the minimum wage, the ordinance won't make a difference.

On the other hand, when the equilibrium wage is below the minimum wage, it'll make a difference for the worker.

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