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Alexus [3.1K]
1 year ago
10

A $340,000 property sells at a 7ommission with a 50-50 co-brokerage split and a 50 gent split with her broker. what is agent's c

ommission?
Business
1 answer:
dusya [7]1 year ago
6 0

The agent's commission is $5,950

A commission agent acts as a go-between for enterprises of all sizes when dealing with suppliers. A person in this position may operate in a variety of fields, including real estate, sales, and entertainment, as well as throughout the world. Additionally, a commission agent may simultaneously serve multiple companies.

An international agent who receives payment as a percentage of the sales they bring in. The Agent strictly complies with the sale terms specified to it by the Principal while making products available to potential customers in a certain territory (often a country). The Agent's and Principal's relationship is solely business-related; there is no employment connection between them.

To learn more about agent's commission here

brainly.com/question/26453970

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Match the below mention description with given terms. If there is no match then write "No match"
Serggg [28]

Answer:

1. No match.

2. Rebate.

3. No match.

4. No match.

5. Lease.

Explanation:

1. No match: This is the worth of the leased asset after the lease period expires.

  • The worth of the leased asset after the lease period expires is known as Residual value.

2. Rebate: This is a partial refund offered to attract the buyer to purchase the vehicle.

3. No match: This is the price of an asset being leased as specified in the lease agreement, which includes the negotiated cost of the vehicle and any applicable fees and taxes.

  • Capitalized cost refers to the price of an asset being leased as specified in the lease agreement, which includes the negotiated cost of the vehicle and any applicable fees and taxes.

4. No match: This is the advertised retail price listed on a particular vehicle for sale.

  • Sticker price is the advertised retail price listed on a particular vehicle for sale.

5. Lease: This is a contract which allows the lessee (consumer) to use the asset, such as car, land, services etc., in return for a specific amount paid periodically.

5 0
3 years ago
Are sources of revenue for both federal and state governments. Individuals pay this tax from the money they
marusya05 [52]

Answer:

Personal income taxes

Explanation:

Personal income tax is imposed on salaries, wages, interests, and other income an individual earns throughout the year. The government of the country that the person earned their income imposes the tax. Income tax is levied on the income generated by a person or a business in a country.

Income tax is the most important source of revenue for governments. In almost all countries, the tax agencies employ a progressive system of determining the tax amount for each individual. A person with a high income pays higher taxes compared to the one with moderate earnings.

8 0
3 years ago
choose the correct term for each of the following descriptions. expenditure on research and development
Anni [7]

Research and development expenses, since these costs are intended to spur future growth, they should be considered capital expenses.

The term "expenditure on research and development" (R&D) refers to all costs associated with conducting research at colleges, universities, and other institutions of higher learning, whether those costs are covered by general institutional funds, specific grants, or contracts with public or private sponsors. Nearly US$ 1.7 trillion has been spent globally on research and development, which is a record high. Approximately 10 nations receive 80% of the money spent on expenditure on research and development. Countries have committed to significantly boosting public and corporate R&D spending as well as the number of researchers by 2030 as part of the Sustainable Development Goals (SDGs). The total amount spent on R&D, and expenditure on research and development in the US was $607.5 billion.

Learn more about Research and development expenses here:

brainly.com/question/13493514

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6 0
1 year ago
Which of the following is NOT be a warning sign of a scam when buying a car or other big purchases?
givi [52]

Answer:

D. A price that fits comfortably in your budget

4 0
3 years ago
At December 31, 2013, before any year-end adjustments, Macarty Company's Prepaid Insurance account had a balance of $2,700. It w
gtnhenbr [62]

The adjusting entry would recognise insurance expense of $1,500.

Explanation:

The policy of an insurance company, tax insurance, insurance for business failure, etc. typically lasts a year, with payments charged in full (insurance premiums). Insurance policy is never the same as the financial year of the product. There are also expected to be several consolidated financial statements and some partial financial statements for compensation premiums.

Example of insurance premium payment:

On 31 December, the insurer files an correction report in order to document the expired (extended) cost of insurance and to the the pre-paid number. This is done with an premium fee of $1,000 and a prepayment policy bonus of $1,000.

4 0
3 years ago
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