Sales price is:
A)the input price of liabilities.
B)a form of market value.
C)a present value concept.
D)the current input cost.

Question

Quizplus · Accepted Answer

Sales price is the amount that a buyer pays to a seller for a particular product or service. It is a form of market value, which is determined by the supply and demand of the product or service in the market. It may not necessarily be equal to the input cost or the present value of the product.

Sales Price Is