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:
<u>A Strategic Alliance</u>
Explanation:
A Strategic Alliance refers to a combined effort or activities of two firms so as to strengthen their market position and yet at the same time maintain their individual separate corporate existence.
It represents a mutually beneficial agreement between two corporate firms under which, terms are less binding and stringent than a joint venture.
The purpose behind such an alliance could be, expansion, product line improvement or together gain a competitive advantage.
Such an alliance helps both businesses achieve a common goal driven by mutual assistance and pooling of resources.
In the given case, the tie up between Caffery computer corp. and Chicago desktop to sell computer locking systems alongside computers, would be termed a strategic alliance, since such an arrangement would benefit both, reduce competition for each with collective gain w.r.t market share.
When in the statement of cashflows, the cash inflows and the outflows are added, the result is the <u>change </u><u>in the </u><u>cash balance. </u>
The statement of cashflows shows the movement of cash in a company and how much cash the company is left with at the end of the period.
The statement includes:
- Cash outflows which are deductions
- Cash inflows which bring in money
Cash outflows are denoted in negatives and when added to cash inflows, show the change in the cash that the company has / its balance.
In conclusion, adding the cash inflows and outflows shows the change in cash.
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Answer:
The correct answer is:
Equilibrium price will decrease; the effect on quantity is ambiguous. (D)
Explanation:
First, note that if the price of coffee beans, used in the manufacture of coffee decreases, the price of coffee sold to consumers will decrease, because it takes a lesser amount in manufacturing than it used to, therefore this reduction in manufacturing costs is reflected in the selling price.
Next, it is hard to tell whether this reduction in equilibrium price will affect quantity demanded, because, at the same time, the price of cream ( a complementary good) increases, and since both goods are complementary, they are bought together, and the effect of the reduction in the price of coffee might not necessarily caused an increase in the quantity demanded because this effect is cancelled out by the increase in the price of cream, hence the effect on quantity is ambiguous.
Answer:
correct option is a. $.05
Explanation:
given data
stock price S = $43
rate of return r= 10%
exercise price K = $40
time = 6 month
worth = $5
solution
we will apply here formula for worth that is
P = C - S + K × 
here C is given worth 5 and S is stock price and K is exercise price and t is time and r is rate
so put here all value in equation 1 we get
P = C - S + K ×
P = 5 - 43 + 40 × 
P = 5 - 43 + 38.05
P = 0.05
so here correct option is a. $.05
