Silver Inc. sells merchandise with a cost of $80,000 to Pier 10 Inc. for $180,000 during the month. As part of the contract, Silver Inc. pays Pier 10 Inc. $5,000 in slotting fees for premium shelf position in th retail stores and $4,000 for advertising Silver's product in Pier 10's weekly flier that is emailed to Pier 10's customer list. 

What is Silver's transaction price?

Answer rating: 100% (QA)

The transaction price for Silver Inc is the total amount exchanged ... View the full answer