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Semmy [17]
2 years ago
15

A vacant lot that measures 100 feet wide by 125 feet deep is listed at a price of $250 per front foot. The broker will collect a

n 8% commission on the sale. If the lot sells for the full asking price, how much is the broker's fee
Business
1 answer:
oee [108]2 years ago
7 0

The broker's fee if the full asking price of $250 per front foot is received will be $2,000.

What is the broker's fee?

A broker's fee is an amount that the broker charges as a fee for facilitating the sale of a property.

First find the asking price:

= 250 x 100 feet

= $25,000

The broker's fee is:

= 8% x 25,000

= $2,000

Find out more on broker's commission at brainly.com/question/14838861

#SPJ1

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Current Attempt in Progress Suppose at December 31 of a recent year, the following information (in thousands) was available for
alex41 [277]

Answer:

                                           OAKLEY

INVENTORY TURNOVER  2,66  

Cost Of Goods                 395,010  

Average Inventory            148,500  

DAYS IN INVENTORY        137  

Explanation:

To calculate the Inventory Turnover ratio it's necessary to calculate the average inventory of the year , the take the Total Cost of Goods and divide it by the Average Inventory, the result it's the Inventory Turnover of the company, in this case 2,66  

To find the days in inventory we have to divide 365 (days of the year) and divide it by the Inventory Turnover, 2,66, the result is 137 days.

      END  START

$172,000   $125,000  Inventory

$ 768,000  Sales Revenue

$ 395,010  Cost of Goods Sold

OAKLEY

INVENTORY TURNOVER  2,66  

Cost Of Goods  395,010  

Average Inventory  148,500  

DAYS IN INVENTORY  137  

4 0
3 years ago
In the past, manufacturer's representatives did not have real-time inventory data about the products they were selling. Today, m
Airida [17]

Answer:

sharing information across the organization.

Explanation:

ERP software systems allow employees accurate and timely access to real time information about the company's areas that they work with. This can optimize how the company operates and increase cooperation between different areas. Also unnecessary operations and delays are eliminated.

Before, salespeople had to continuously check with inventory department about what products were available and ready to be sold, which caused delays and time is money.

6 0
3 years ago
You are writing a recommendation report on which vendor of audiovisual services to hire for your company's annual conference. Th
amm1812

Answer:

I suggest you delay your choice until you learn more of Zenith's current management

Explanation:

The management is just a position that doesn't carry the same character. Every manager carries different values and principles and one person might be satisfactory to you while another might not be. The new management may have some characters which might be off-putting to you and might ruin the company's conference. Best to go with what you know than what you don't.

4 0
3 years ago
Just do from 5 to 8. Thanks a bunch. Also no incomplete answers or reported. Also, I need this like in 7 hours
kicyunya [14]

Answer:

Could you be more clear!?

Explanation:

4 0
2 years ago
On January 1, Year 1, the City Taxi Company purchased a new taxi cab for $36,000. The cab has an expected salvage value of $2,00
Natasha_Volkova [10]

Answer:

C

Explanation:

Activity method based on output = (output produced that year / total output of the machine) x (Cost of asset - Salvage value)

year 2 = (48,000 / 200,000) x (36,000 - 2000) = 8160

book value = cost of asset - accumulated depreciation

accumulated depreciation = year 1 + year 2's depreciation

year 1 =  (45,000 / 200,000) x (36,000 - 2000) =

- 200,000 - (7650 + 8160) =

3 0
3 years ago
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