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KIM [24]
2 years ago
11

Mardee represented condo owner carol, and they signed an exclusive agency listing agreement. If carol found her own buyer, would

she owe mardee a commission?
Business
1 answer:
Sophie [7]2 years ago
3 0

If carol found her own buyer, would she owe mardee a commission option (c)i.e, No, because Carol found her own buyer.

A sales commission is a payment made to an employee after they successfully complete a task, typically selling a predetermined volume of goods or services. Sales commissions are a common incentive used by employers to boost employee productivity. A commission can be paid instead of or in addition to a salary.

Employers provide a commission to entice workers, increase productivity, increase sales, and draw in new clients. In many areas, like the automotive and real estate sectors, commission-based pay is the norm for sales and marketing positions.

The complete question is:

Mardee is representing Carol in the sale of her condo, and they've signed an exclusive agency listing agreement. If Carol finds her own buyer, does she owe Mardee a commission?

a.)No, because Carol is not a real estate licensee.

b.)Yes, because they have an exclusive agency listing agreement.

c.)No, because Carol found her own buyer.

d.)Yes, but she only owes the listing commission.

To know more about commission refer to:   brainly.com/question/957886

#SPJ4

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On the food label for a package of crackers, what does a 15 percent daily value for iron mean?
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Exercise 14-13 Coronado, Inc. had outstanding $5,460,000 of 11% bonds (interest payable July 31 and January 31) due in 10 years.
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Answer: Please see expalantion coumn for answer

Explanation:

1) To record issuance of bonds

Date            Account Title            Debit                        Credit

July 1        Cash                         $9,457,500

Discount on bond payable          $292,500

Bond payable                                                               $9,750,000

Calculation:

Cash  =$9,750,000 x 97% = $9,457, 500

Discount = $9, 750,000 - $9,457,500= $292,500

2)To record retirement of 11% bonds

Date            Account Title                        Debit                        Credit

August 1st     Bond payable             $5,460,000

Loss on Redemption of bonds        $218,400

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Discount on Bonds payable                                                           $109,200

Calculation:

Cash =$5,460,000  x 102%  = $5,569,200

Loss on Redemption of bonds = Cash + Discount on bonds payable - Bonds payable =  $5,569,200 + $109,200) - $5,460,000=  $218,400

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3 years ago
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Answer:

Instructions are listed below

Explanation:

Giving the following information:

The high-low method involves taking the highest level of activity and the lowest level of activity and comparing the total costs at each level.

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August

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September

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B)  Q= 400

Total cost= 3792 + 4.18*400= $5464

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