Aseller wants to sell her existing house and owes $290,000 on mortgage. at closing of the sale she will pay $1,400 in closing costs, plus a 6% brokerage fee. she wants to realize at least $55,000 for a down payment for the purchase price of a new house. what is the minimum amount she must sell her house for to net $55,000?

Following are the transactions for valdez services. the company paid $2,000 cash for payment on a 6-month-old account payable for office supplies. the company paid $1,200 cash for the just completed two-week salary of the receptionist. the company paid $39,000 cash for equipment purchased. the company paid $800 cash for this month’s utilities. the company paid $4,500 cash in dividends to the owner (sole shareholder). examine the above transactions and identify those that create expenses for valdez services. prepare general journal entries to record those transactions that created expenses in the above given order.

The following information is for alex corp: product x: revenue $12.00 variable cost $4.50 product y: revenue $44.50 variable cost $9.50 total fixed costs $75,000 what is the breakeven point assuming the sales mix consists of two units of product x and one unit of product y?

In microeconomics, the point at which supply and demand meet is called the blank price