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soldier1979 [14.2K]
3 years ago
15

uppose you are interested in selling your home and would like to clear a net value of $300,000. If you have agreed to pay your b

roker a commission of 5.5% (no matter who ultimately is responsible for finding the buyer), what price must you sell the home for in order to meet your net profit ?
Business
1 answer:
Art [367]3 years ago
3 0

Answer:

Price to sell the house = $317,460.32

Explanation:

Total net profit required = $300,000

Provided commission to broker = 5.5% on selling value.

Therefore Net profit = 100 - 5.5 = 94.5% as this is net of commission.

Now we have Net Selling Price = $300,000/94.5% = $317,460.32

Note: Let us cross check

Commission on sales = $317,460.32 X 5.5% = $17,460.32

Therefore Net profit in hand = $317,460.32 - Commission $17,460.32 = $300,000

Final Answer

Price to sell the house = $317,460.32

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Selling and administrative expenses include all of the following except:____________. a. shipping document preparation. b. post-
e-lub [12.9K]

Answer:

c. factory overhead.

Explanation:

Selling and administrative expenses can be defined as the operating expenses which comprises of all the costs incurred in the smooth running of a business.

Selling and administrative expenses include all of the following shipping document preparation, post-sale technical support, and customer return processing except factory overhead.

A factory overhead can be defined as the amount of money incurred by a company or business entity in the course of its manufacturing process.

This ultimately implies that, factory overhead refers to cost incurred in the manufacturing process of finished goods and cannot be linked directly to the goods.

The factory overhead costs include costs such as indirect labor, rent, depreciation, utility bills, property taxes etc.

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3 years ago
What kind of skinny jeans does tom delonge wear?
krek1111 [17]
I believe he wears Slim Fit Diesel jeans. 
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3 years ago
Standard cost per output unit for each variable direct cost input is calculated by multiplying?
a_sh-v [17]

Standard cost per output unit for each variable direct cost input is calculated by multiplying developed for a period for a planned output. An estimated expense that typically happens throughout the creation of a good or provision of a service is called a standard cost.

In other words, standard cost is the estimated sum of money a business will need to spend in order to create a something or provide a service under typical circumstances. Examples include payments due for rent, utilities, insurance, office staff salary, and supplies, among others. the normal fixed cost is $100,000, and the hourly rate is $15.

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7 0
2 years ago
Kris contracts to work exclusively for Little Manufacturing Company during May for $5,000. On April 30, Little cancels the contr
olga_2 [115]

Answer:

The correct answer is $2,000.

Explanation:

According to the scenario, the given data are as follows:

Contract with Little company = $5,000

Earn from other job = $3,000

So, we can calculate the amount Kris can recover as a compensation damages by using following formula:

Amount that can be recovered = Contract with Little company - Earn from other job

By putting the value, we get:

Amount that can be recovered = $5,000 - $3,000

= $2,000

5 0
3 years ago
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2) lunges
3) dead lifts
4) pull ups or chin ups
5) lateral pulldown 
6) bent over row
7) push ups
8) bench press
9) tricep push down
10) barbell curl

The phases of movement in an exercise are the following:
1) concentric - muscles contract and its fibers are shortening. movement goes inward ; towards the body. involves curling.
2) isometric - muscles contract but no movement. it neither shortens nor lengthens.
3) eccentric - muscles contract and its fibers are lengthening. movement goes outward; involves stretching.

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5 0
3 years ago
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