The selling price of the price that is offered to the buyer of the goods. The selling price of the car should be $<u><em>75,000</em></u>.
<h3>What is the selling price?</h3>
The selling price is the ultimate value of the goods the seller is willing to offer to the buyer at the time of sale. It is determined by adding up the profit margin to the actual cost of the goods.
The computation of the selling price of the car:
Given,
- Cost price =$60,000
- Margin =25%
Therefore, if Sherry wants to make 25% on the sale of each car then the car must be sold at $75,000 each.
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brainly.com/question/3798799
Answer:
results in the money supply being larger than the amount of currency in circulation.
Explanation:
The banks existence could be resulted in more money supply as compared to the currency amount i.e. monetary base and also the currency amount could be in the circulation base
So as per the given situation, the above should be the answer
And, the rest of the options seems incorrect
<span>Under the perpetual inventory system, the accounts that will be debited to record the sale is that the cost of goods sold is $700 and the cash is $2,400. In using a perpetual inventory system, the important entries that are to be prepared when two units of merchandise are sold on account are debit accounts receivable and credit sales revenue and debit cost of goods sold and credit inventory.</span>
Answer:
$197,000
Explanation:
Calculation for what were the firm's budgeted payments in March
Month Purchase Payment in month
January 200,000* 10% =20,000
February 180,000* 60%= 108,000
March 230,000 *30%= 69,000
Firm's budgeted payments in March $197,000
(20,000+108,000+69,000)
Therefore the firm's budgeted payments in March is $197,000
