1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Mnenie [13.5K]
1 year ago
10

Joe is a new broker. how often will he be required to reconcile his escrow account(s)?

Business
1 answer:
storchak [24]1 year ago
6 0

Joe is a new broker. He will be required to reconcile his escrow account monthly.

<h3>Who is a broker?</h3>
  • In order to earn a commission after the trade is completed, brokers organize transactions between buyers and sellers.
  • Brokers that take on dual roles as buyers or sellers are considered primary parties to the transaction.
  • Neither function should be mistaken with that of an agent, who represents the principal party in a transaction.
  • An impartial party whose services are often used in several businesses is a broker.
  • The main duty of a broker is to connect buyers and sellers; as a result, the broker acts as a neutral intermediary between a buyer and a seller.
  • A real estate or stockbroker who helps in the sale of a property would be an example.

To learn more about broker with the given link

brainly.com/question/14094023

#SPJ4

You might be interested in
Carmen Co. can further process Product J to produce Product D. Product J is currently selling for $20 per pound and costs $15.75
Vedmedyk [2.9K]

Answer:

a. Differential revenue = $18 per pound

Explanation:

Differential revenue refers to additional revenue per unit.

Current revenue per unit = $20 - $15.75 = $4.25 per unit on Product J

When it will be further processed to form Product D

Net proceeds to be realized from each unit of product D = $38

Net revenue = $38 - $24.30 = $13.7

Additional or differential revenue = $38 - $20 = $18 per unit

As for $20 selling price the revenue was recognized earlier now additional revenue = $38 - $20 = $18 per pound

Note: Revenue is the proceeds from sale and not the net profit.

Differential revenue = $18 per pound

6 0
3 years ago
You are offered a job that pays ​$42000 during the first​ year, with an annual increase of 10​% per year beginning in the second
Tanya [424]

Answer:

$55,902 is the amount I can expect to earn in the fourth year

Explanation:

Remember Salary increases by 10% each year

Salary in Year 1 : 42,000

Salary in Year 2: 42,000 x 1.1 = $46,200

Salary in Year 3: 46,200 x 1.1 = $50,820

Salary in Year 4: 50,820 x 1.1 = $55,902

6 0
3 years ago
Consider a service company that provides carpet cleaning and uses straight-line depreciation. Classify the cost of the depreciat
madreJ [45]

Answer: Fixed Indirect costs.

Explanation:

Depreciation cost is the amount of a fixed asset that has been charged to expense through a periodic depreciation charge. Depreciation can either be a direct cost which is one that varies in concert with changes in a related activity while

an indirect cost is one that is not directly associated with an activity.

The determination of depreciation as a direct or indirect cost depends upon what it is associated with. For example carpet cleaning is an Indirect costs because it's precise benefits to a specific project is difficult or impossible to trace Also,since depreciation is a fixed cost, because it recurs in the same amount per period throughout the useful life of an asset then cost of the depreciation on the carpet cleaning is a Fixed Indirect Cost.

8 0
3 years ago
A home-based business is a part of what industry
sesenic [268]
The answer would be A
6 0
2 years ago
Innovation Class! I am having a hard time coming up with ideas for my innovation class. Can you help me brainstorm or offer a fe
Marrrta [24]

<h2>\mathfrak{ 1. Create your own “Three Ifs”2. Practice dreaming3. Make time for cohesive creative thinking4. Learn to pitch your ideas (in an elevator)5. Bounce \:  ideas \:  off  \: others} </h2>
5 0
2 years ago
Other questions:
  • James Stillman is an investment adviser representative with Rock, Feller, and Standard (RFS), a covered adviser with its princip
    13·1 answer
  • 1. How does excessive money in the economy lead to inflation?
    6·1 answer
  • Wells Technical Institute (WTI), a school owned by Tristana Wells, provides training to individuals who pay tuition directly to
    5·1 answer
  • Your Economics instructor assigns your class to investigate factors associated with the gross domestic product (GDP) of nations.
    5·1 answer
  • A city levies property taxes of $500,000 for its General Fund for a year and expects to collect all except the estimated uncolle
    10·1 answer
  • TP sells franchises in the Old Fast Food chain. TP sells a franchise to Choi for $100,000 by cashier's check. Choi then hears th
    14·1 answer
  • Let's assume that a firm produces 40 products. Its total weekly cost (TC) at this output is $1200. This includes TVC and TFC. We
    9·1 answer
  • Swifty Corporation is unsure of whether to sell its product assembled or unassembled. The unit cost of the unassembled product i
    9·1 answer
  • The five stages of purchase decision process are problem recognition, information search, _______, purchase decision and _______
    9·1 answer
  • On January 1, 20X7, Server Company purchased a machine with an expected economic life of five years. On January 1, 20X9, Server
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!