Answer:
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Answer:
$65
Explanation:
Explanation:
The above question is not complete. But I was able to find the complete question. Here it is:
To obtain a new customer, a business sells merchandise to the customer for $65. Normally, the merchandise sells for $85. For this sale, the business should record revenue of
A. $85
B. $65
C. Neither amount
The correct answer is $65 because revenue is actually the total amount made after a business transaction.
So, the merchandise recorded a revenue of $65.
Answer:
%variation= 31.58% increase
Explanation:
Giving the following information:
Selling price per dozen= $21
Sales in units= 4,250
They are considering reducing their sales price by 24% per dozen.
<u>First, we need to determine the actual total contribution:</u>
Total contribution= 21*4,250= $89,250
<u>Now, with the new selling price, the percentage variation in sales units</u>:
Selling price= 21*0.76= $15.96
89,250= 15.96*units
5,592= units
Percentage:
%variation= [(5,592/4,250) - 1]*100= 31.58%
Answer:
D. the buyer must pay the expense.
Explanation:
Whenever a contract is prepared for a sale of any real estate transaction then both the parties are binding towards the contract. As that is signed by both of them which creates a legal right to get the action done from each other.
Here ,in the contract it is clearly mentioned that the buyer is responsible for the title insurance expense.
This clearly provides the right to the seller to validate such right and ask the buyer to pay for the expenses of the insurance.
Thus, the buyer in the given instance must pay the expense of the insurance.
Answer:
$495,000
Explanation:
Since Zarr Town expects to collect 99% of the property taxes levied during the year, should report $500,000 x 99% = $495,000 as property tax revenue. Even if the town only collects $450,000 during the year, the last property tax installments generally are due by the end of March. So the remaining $45,000 will probably be collected next year.