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2 years ago

Which missouri organization offers mediation and arbitration in handling commission disputes between members?

1 answer:

7 0

Missouri Association of REALTORS is a Missouri organization that offers mediation and arbitration in handling commission disputes between members.

How many members make up the Missouri Real Estate Commission board?

Six brokers and one unlicensed consumer make up the board of the Missouri Real Estate Commission, which has seven members. The MREC president proposes candidates, and the governor appoints them.

What does the MREC do?

MREC carries out the provisions of Section 339 of the Missouri Revised Statutes, such as the screening, granting of licenses, and oversight of real estate professionals.

What does the Missouri Real Estate Commission do?

The tasks required to implement the real estate license law's provisions are carried out by the Missouri Real Estate Commission.

Learn more about real estate professionals: brainly.com/question/28139126

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Signal mistakenly produced 1,000 defective cell phones. The phones cost $65 each to produce. A salvage company will buy the defe

Contact [7]

Answer:

It is more profitable to continue to rework the phones and sell them.

Explanation:

Giving the following information:

Signal mistakenly produced 1,000 defective cell phones.

<u>The $65 per phone is a sunk cost. It will remain on both decisions, therefore, we will not take into account to make the decision.</u>

Sell as it is:

Income= 33*1,000= $33,000

Rework:

Costs= 88*1,000= $88,000

Sales= 144*1,000= $144,000

Total gain= $56,000

It is more profitable to continue to rework the phones and sell them.

3 0

2 years ago

Jessica’s credit card is on a 30-day billing cycle, and it computes finance charges using the adjusted balance method. The follo

Tom [10]

The adjusted balance of Jessica for the month of October is $ 1033.76. In this method, monthly payment is deducted from the unlock balance, and purchase is not included in the balance.

<h3>What is the adjusted balance method?</h3>

With the adjusted balance method, the credit card company starts with the balance from the end of the last payment cycle and withdraws any payments made, and adds any credits sent to the account during the current cycle.

In the given information, to calculate the adjusted balance we will deduct the payments made from the beginning balance and ignore the purchases made for the month:

$= \$\,1,240.55 - \$\,75.00 - \$\,131.79\\\\= \$\,1033.76$

Hence, The correct answer is Option B.

To learn more about adjusted balance method, refer to the link:

brainly.com/question/11355738

7 0

2 years ago

Selected financial information for Thornton Company for 2019 follows: Sales $ 2,000,000 Cost of goods sold 1,400,000 Merchandise

frutty [35]

Answer:

7.80 times

Explanation:

First of all we have to calculate the average inventory

Opening inventory= 159,000

Closing inventory= 200,000

Average inventory= (opening inventory+closing inventory)/2

= ( 159,000+200,000)/2

= 359,000/2

= 179,500

The next step is to find the merchandise inventory turnover which is calculated as

= Cost of goods/ Average inventory

Cost of goods= $1,400,000

Average inventory= 179,500

= 1,400,000/179,500

= 7.799 times

= 7.80 times (to 2 decimal places)

Hence the merchandise inventory was turned over 7.80 times in 2019

7 0

3 years ago

Read 2 more answers

In 2017, John opened an investment account with Randy Hansen, who held himself out to the public as an investment adviser and se

yulyashka [42]

Answer:

The relevant tax issues are as follows:

- Is the loss a theft loss or an investment loss?

- Is the loss subject to either the personal loss limits or the limits on itemized deductions?

- How is the amount of the loss determined?

- In which year can the loss be taken?

- Is there a way to receive a tax benefit for the full amount of income recognized in prior years?

The irrelevant tax issue is:

- Did John have other casualty or theft losses within the last five years?

Explanation:

In this scenario John invested and provided Randy with a power of attorney to use $200,000 to purchase and sell securities on his behalf.

The earnings were to be reinvested, but John realised in 2020 that Randy was running a Ponzi scheme and his account was zero.

As John will most likely not be possible a casualty loss may be allowed.

Since the loss happened in 2017 when he invested the theft loss will be deducted in that year.

He will be able to deduct his losses under 165.

Deductions are allowed for losses in a tax year that is not covered by insurance.

Losses that can be claimed are limited to:

- Losses in business or trade

- Losses in transactions for profit

- Losses as a result of theft, fire, storm, or shipwreck.

5 0

3 years ago

Communication response time must be faster than in the past to succeed in modern workplace t or f?

goblinko [34]

Answer:

Communication response time must be faster than in the past to succeed in the modern workplace. TRUE.

8 0

3 years ago

Read 2 more answers