Answer:
First we need to find out the total commission which is 6.5%
0.065*185000=12025
Out of this the listing broker will get 50%
0.5*12025= 6012.5
Out of this the agent will get 65 percent of that
0.65*6012.5=3908.125 is the amount that the listing agent will receive from his broker.
Explanation:
Answer:
presents the plan for only one level of activity and does not adjust to changes in the level of activity
Explanation:
A static budget refers to the budget where sums aren't going to change except with major quantity adjustments. Unlike a static master budget, the sales division of an organisation may have a dynamic budget.
The cost estimate for the selling commission will be reported as a proportion of revenue in such a flexible budget. In other words, A master budget – which is a projection of income and spending for a given time frame – appears constant even with rises or declines in levels of demand and output.
Answer:
B. False.
Explanation:
A subject Matter Expert basically champion the course of implementing the best practice in his/her area of expertise. He is there to provide the know-how and answers questions in relation to his area of expertise.
Answer:
Gentrification can cause low rents, immigration, and increasing population.
Explanation:
Answer:
$64,000
Explanation:
In order to be deductible, a business expense must be both ordinary and necessary. Being ordinary means that it is a plausible expense for this business, since the expense in question is related to accounting services, it is ordinary. Being necessary means that the expense is the minimum required and is appropriate and helpful to the business. In this case, all of the expense was not required, therefore, only $64,000 (the reasonable market value for the services provided) are deductible.
