1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
valentinak56 [21]
3 years ago
9

Your seller wants to net $100,000 after the 5% commission is paid. Assuming no closing costs, at what price does the home need t

o sell for the seller to net this amount?
Business
1 answer:
AleksandrR [38]3 years ago
3 0

Answer:

The home needs to sell for $105,263.16 for the seller to receive net of $100,000.00

Explanation:

The amount that the home needs to sell can derived from the net to seller's formula given as: Net to seller = Sale Price * (100% - commission rate)

Net to seller=$100000

Sale price is unknown

commission rate is 5%

$100000=sale price*(100%-5%)

$100000=sale price *95%

sale price =$100000/95%

sale price =$105263.16

For the seller to receive $100000 after 5% commission the property must e sold for $105,263.16

You might be interested in
Growing pains can arise from implementing a matrix organization due to
12345 [234]

Growing pains can arise from implementing a matrix organization due to a long lead time of the implementation. Growing pains, in business, is being defined as a symptom in a business in which is a symptom that appears in a way of making the organization to undergo transition.

3 0
4 years ago
Read 2 more answers
High inflation imposes various costs on society. What can policymakers do to keep inflation at a low level?.
11Alexandr11 [23.1K]

High inflation imposes various costs on society. Maintain a slow growth in the number of money policymakers do to keep inflation at a low level.

There are only two real costs of inflation in this economy. Inefficient management of transactions due to low currency balances and the need to change advertised prices more frequently (so-called menu costs).

Today, contractionary monetary policy is the more popular way to control inflation. The goal of contractionary policymakers is to reduce the money supply within the economy by raising interest rates. 5 This slows economic growth as borrowing costs rise and consumers and businesses spend less.

Learn more about policymakers at

brainly.com/question/2084762

#SPJ4

5 0
2 years ago
During the years 2015 through 2017, Question Query Inc., reported the following amounts of net income (in thousands of dollars):
slavikrds [6]

Answer:

The percentage change in net income was smaller in 2017 than 2016.

Explanation:

The percentage change in net income in 2016 was:

⇒ 150/120 -1 = 0.25 or 25%.

Whereas, the percentage change in net income in 2017 was:

⇒ 170/150 -1 = 0.1333 or 13.33%.

Hence, this statement is correct that percentage change in 2017 was 13.33% which was smaller than percentage change of 25% in 2016.

7 0
4 years ago
Read 2 more answers
In an insurance contract, the person buying the insurance is called the
irakobra [83]
True explanation: one you have bought insurance you are insured to a house life plan etc, they company you bought the insurance from is the insurer because they are giving you the insurance
6 0
2 years ago
Read 2 more answers
In the interview in the ""introduction to marketing""-lecture on 09/13/22 a company representative of fidelity described how fid
Elis [28]

Mass marketing, often known as undifferentiated marketing, is a tactic that involves developing a single message for every possible audience. It increases brand recognition and enables firms to contact more customers at a reduced cost.

It encompasses all the activities that companies undertake to push, sell, and distribute that product or service. The goal is to come up with sales and build a loyal Marketing customer base by informing prospective and existing buyers about the offering. The key purpose of selling is to induce people to inquisitive about the products or services of an organization.

This happens through market research, research and contemplating the interest of a business's ideal customers and attracting them through messaging which might be educational and helpful to a business's target group.

Marketing Management is an organizational discipline, which deals with the sensible application of promoting orientation, techniques and methods in enterprises and organizations and with the management of a company's marketing resources and activities.

The underside line of any business is to form money and marketing is a vital channel to achieve that end goal. Creative explained that without marketing many businesses wouldn't exist because marketing is ultimately what drives sales.

learn more about Marketing: brainly.com/question/25754149

#SPJ4

4 0
2 years ago
Other questions:
  • Mixing lime green and scarlet red would result in what outcome?
    5·2 answers
  • A question that can be answered by observing and analyzing the world as it is known:
    11·1 answer
  • As the demand for goods and services decreases, job growth
    8·2 answers
  • Serios is a software development firm in Canada. It creates an application to guide the development of Maglev trains in Mexico C
    14·2 answers
  • ________ psychology is a discipline interested in how relationships among employees affect those employees and the performance o
    9·1 answer
  • An import quota is an example of a _________.A. tax on imported goods. B. quantity restriction. C. price floor. D. price ceiling
    7·1 answer
  • Expansionary fiscal policies are designed to
    8·1 answer
  • Mi famila y yo en Chicago antes.​
    5·1 answer
  • On January 1, 2019, Stronger Industries issued $480,000 of 9%, five-year bonds that pay interest semiannually on June 30 and Dec
    9·1 answer
  • The rate of interest on money held in a savings account, _______ the amount of money saved.
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!