If 50 units are sold at $7,500 to buy a piece of property for $1,000,000, how much money will be coming from the partners?
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A. B. C. D.C
Partners will supply (50 x 7,500) = $375,000.
To calculate the amount of money that will be coming from the partners, we need to subtract the cost of buying the property from the total revenue generated by selling 50 units.
The total revenue generated from selling 50 units can be calculated by multiplying the number of units sold (50) by the selling price per unit ($7,500):
Total revenue = Number of units sold * Selling price per unit Total revenue = 50 * $7,500 Total revenue = $375,000
Now, we need to subtract the cost of buying the property from the total revenue to find the amount of money that will be coming from the partners:
Amount of money from partners = Total revenue - Cost of buying property Amount of money from partners = $375,000 - $1,000,000
Since the cost of buying the property ($1,000,000) is greater than the total revenue ($375,000), the partners will have a negative amount of money. Therefore, none of the provided answer choices (A, B, C, or D) is correct.
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