Answer:
$33,100
Explanation:
Calculation to determine what The loss to be reported is
Using this formula
Loss=(Factored receivables*finance charge)+Fair value
Let plug in the formula
Loss=($740,000 × .04)+ $3,500
Loss= $29,600+$3,500
Loss=$33,100
Therefore The loss to be reported is $33,100
Answer: B. must pay a commission of $24,000 to the listing agent.
Explanation:
An exclusive listing agreement is a contractual agreement whereby a listing broker acts as the agent and in this case, the seller will pay a commission to the listing broker.
Since the homeowner has already signed an exclusive-listing agreement, which requires payment of 6% commission to the real estate agent but later finds a couple who purchases it for $400,000. In this case, the homeowner must still funlfil the terms of the contact and pay the listing agent the percentage that was agreed as commission and this will be:
= 6% × $400000.
= $24000
Therefore, $24000 must be paid to the listing agent.
Answer:
The Federal Reserve is in charge of the monetary policy in the United States. It expands or reduces the money supply (the total amount of money in the economy) by raising or lowering the interest rate.
There is a relationship, in the short run, between unemployment and money supply. The higher the money supply, the lower the unemployment rate, and viceversa: the lower the money supply, the higher the unemployment rate.
This relationship exists because when the money supply increases, the interest rate falls, if the interest rate falls, investing becomes cheaper, and as a result, firms invest more and hire more workers.
The opposite happens when the money supply is contracted: interest rates rise, investing becomes more expensive, and firms hire less people.
This is why the Fed has a great deal of power when it comes to employment in the economy.
Answer:
Unfreezing
Explanation:
There are three phases of organizational change. Sun Technologies can be said to be at its unfreezing stage.
The organization must properly communicate with its employees and consumers at each level of changes they are.
- At the unfreezing stage, the goal is to change the mindset and belief of the consumers about a particular process being deployed.
- Since the adoption of the new technology is being advertised as one that will make things better, we can see elements of unfreezing here.
- Other stages are the actual change phase and freezing stage
Answer:
$1,255,000
Explanation:
The increase in accounts receivable is the portion of the current year sales revenue that has not been received in cash, hence, the cash collected from customers in the year 2010 is simply the sales adjusted for the impact of accounts receivable as shown below:
cash collection=sales revenue+beginning accounts receivable-ending accounts receivable
sales revenue=$1,300,000
beginning accounts receivable=$120,000
closing accounts receivable=$165,000
cash collection=$1,300,000+$120,000-$165,000
cash collection=$1,255,000
