Answer:
$55,054
Explanation:
Calculation for how much must the real estate sell for
Sales price =($50,000 + 1,200)/(100% - 7%)
Sales price=$51,200/0.93
Sales price =$55,053.76
Sales price =$55,054 (Approximately)
Therefore the amount that the real estate must sell for if the selling costs include a 7% commission and $1,200 in other expenses will be $55,054
Answer:
True
Explanation:
Imagine you're selling lemonade. It costs you $2 for a lemon, and you can make 5 glasses from it.
You sell each glass for $1.
At the end of the day, your profit per lemon = the total value of lemonade sold - the total cost of lemons. If you only sell 1 lemon worth of lemonade, it will be $5-$2 = $3 profit.
Net cash flow means the same as "profit".
<u>Solution and Explanation:</u>
The following journal entries will be passed in the book sof fasteners Inc., Co., which is a supplier of buttons and zippers for clothing
Date Accounts Titles and Explanation Post Ref Debit Credit
1 Nov-21 Notes receivable $ 72,000
Accounts receivable-McKenna Outer Wear Co. $ 72,000
2 Dec-31 Interest receivable
$720
Interest revenue $ 320
3 Jan-20 Cash $ 73080
Interest revenue
$360
Interest receivable $720
Notes receivable $72,000
Note: the figures have been calculated and rounded off in the nearest dollar amount.
Answer: Option A
Explanation: In simple words, Short run budgets refers to the budgets which are made for a period of less than 12 months and long run budgets are made for a time period greater than one year.
Short run budgets are prepared for some specific assets such as supplying a new customer for one year.
Thus, from the above we can conclude that the correct option is A.
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Tariffs cost a lot of money to ship overseas the products people want. More demand is required as well as a variety of a lot of domestic products from multiple countries. Trade needs to be well within countries and ships need to be maintained. The trade balance may go wrong sometimes, such as a shipwreck. Then there will be a lot of international complications, not known to the public. Companies will pay more for the lost goods.
I wasn't sure if you wanted specifics, hope this works. HAVE A GREAT WEEK!