6000 to 14000 dollars is the amount that te should both expect to be the transaction cost of selling their home.
<h3>What is the cost of selling a home?</h3>
Several costs usually arises due to the fact that a person wants to sell the home that they own.
One of the costs is the commission fees that these sellers usually pay. The commission fees is usually 5 to 6 percent of the cost of sale.
Read more on commission fees here:
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Answer: 35 months
Explanation:
Interest to be paid = 1,200 - 1,020
= $180
This means that;
180 = 1,020 * 0.06 * t
61.2t = 180
t = 2.94 years
In months
= 2.94 * 12
= 35.28
= 35 months
Answer:
c. fall primarily on employees
Explanation:
As the demand for labor is elasticc (if the business is not profitable will close) while the supply of labor more inelastic (worker had to work to sustain their living standards) the burden of taxation while in fact is assumed to be distributed equally what occurs is that labor is decrease to make the total cost (base wage plus taxes) the amount the employeer are willing to pay for the employee
Answer:
12,552 shares
Explanation:
Data provided:
Initial outstanding shares of the firm = 16,000 shares
Value of each share = $14.50
Debt issued = $50,000
Now,
the number of shares used for issuing for $50,000 debt
= Debt issued / value of each share
on substituting the respective values, we have
the number of shares used for issuing for $50,000 debt
= $50,000 / $14.50
= 3448.27 ≈ 3448 shares
Now,
The shares of stock that are outstanding once the debt is issued =
= Initial outstanding shares - shares used for issuing for $50,000 debt
= 16,000 - 3448
= 12,552 shares
