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:
Break-even point in units = 12000 units
Explanation:
Break-even point is where sales and expenses are the same, thus the sales of a company are enough to cover its expenses.
Break-even point in units= Fixed cost / ( price of product-variable costs)
Variable expense ratio = variable expense per unit/price per unit
25% = 5/ price per unit
0.25=5/price per unit
5/0.25 = price per unit
$20 =price per unit
Break-even point in units= Fixed cost / ( price of product-variable costs)
Break-even point in units = $180,000 / ($20-$5)
Break-even point in units = $180,000 / $15
Break-even point in units = 12000 units
Answer:
The days' sales in receivables are B.148.37 days
Explanation:
The days' sales in receivables is calculated by using following formula:
The number of days' sales in receivables = 365/Accounts receivable turnover
In there:
Accounts receivable turnover = Net Credit Sales /Average Accounts Receivable
E-Shop, Inc. has net sales on account of $1,500,000 and average net accounts receivable of $610,000.
Accounts receivable turnover = $1,500,000/$610,000 = 2.46 times
The number of days' sales in receivables = 365/2.46 = 148.37 days
Answer:
$471,319.20
Explanation:
Carson's WACC = (0.65 x 16.1%) + (0.35 x 5.8%) = 10.47 + 2.03 = 12.5%
The PV of the investment = CF / (1 + wacc) + {[CF / (wacc - g)] / (1 + wacc)}
PV = $46,000 / 1.125 + {[$46,000 / (9.5%)] / 1.125}
PV = $40,890.71 + ($484,210.53 / 1.125)
PV = $40,890.71 + $430,428.49 = $471,319.20
