Answer:
$523,800
Explanation:
Given parameters:
Cost price by buyer = $525000
Selling price by seller = $485000
Sales tax = 8%
Unknown:
The lowest selling price by the seller = ?
Solution:
To solve this business problem, we must understand that the price the seller would be will to part with will be his selling price and the percentage of sales tax incurred in the procurement.
This will be the minimum and least profitable estimated amount the seller is willing to sell at.
Lowest selling price = selling price by seller + amount of sales tax incurred
Sales tax amount = selling price x sales tax percentage
= $485000 x 
= $38800
Lowest selling price = $485000 + $38800 = $523,800
Answer: build traffic.
Explanation:
The pricing model employed by such gas stations is built in a way to drive traffic. traffic is important and has an impact in many ways 1. low traffic can bog your business down at some level.
2. When you increase your traffic along with the quality of the visitors, the better you will be able to increase your sales.
traffic in this context refers to customers the more you are able to pull customers over the more sales you make.
Answer:
get each individual to state the problem from his or her viewpoint.
Explanation:
The first step that managers should take to resolve a conflict within a diverse team is to get each individual to state the problem from his or her viewpoint.
Unclear question. I provided some information on national income statistics.
<u>Explanation:</u>
The national income statistics is an economic indicator that tells us the value of goods and services (as in this case in billion of dollars) produced by a country's economy.
Information about the national income statistics of a country is usually published by the World Bank; an internal financial institution.
The firm's total profit for this year based on the firm's current level of production is $180.
<h3>What is the total profit?</h3>
The total profit is the difference between sales revenue and total (variable and fixed) costs.
<h3>Data and Calculations:</h3>
Sales revenue = $300
Variable costs = (70)
Contribution $230
Fixed costs (50)
Total profits $180
Thus, the firm's total profit for this year based on the firm's current level of production is $180.
Learn more about total profits at brainly.com/question/21613450
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