Answer: The sale price to the nearest dollar was $61,202
We arrive at the answer as follows:
The term 'netted' refers to the seller's profits after deducting costs and commissions.
Hence we need to add back these amounts to arrive at the sale price.
Net Proceeds $55,000
<u>Add: Costs $1,000 </u>
Total $56,000
The commission is 8.5%; however commissions are quoted as a percentage of sales price.
Expressed in other words, if the sale price was 100, commissions were 8.5. That would mean that the total above would be the equivalent of 
From this we can arrive at the sale price as follows:
Answer:
The correct answer is (D)
Explanation:
Amount of bond = $500
Rate of coupon = 6%
To find the yearly interest payment
=500* 6/100
=$30
Interest will receive by Ryan in a year is given by
Semi-annually interest payment is
=30* 6/100
=$15
So the correct answer is (D)
Answer:
Contractual
Explanation:
The complying with the terms of a sales contract, and the secondary duties of theory of a business's duties to consumers claims that a business has four main moral duties.
Answer: (C) A location where value-added work needed to produce a material is carried out.
Explanation:
A work center is the type of location in which the work are carried out for producing various types of materials.
Work center is one of the type organization in which the various types of production activities are get performed.
Work center is also the type of resource which can be used for various types of multiple purpose. It is basically responsible for completing various types of operations within the production line.
Therefore, Option (C) is correct.
