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jeyben [28]
1 year ago
9

3.Part 2 Management agency agreement – complete and submit for marking Maria’s agreement only.

Business
1 answer:
qaws [65]1 year ago
5 0

A managing agent agreement is any contract that a borrower or member signs to appoint someone to assist in managing the property or a portion of it.

<h3>What are the types of agency agreements?</h3>

When management gives a worker permission to perform a certain task while they are on the job, an agency agreement is employed. A contract outlining the agent's various responsibilities may be established in this situation.

  1. exclusivity contracts for agencies.
  2. exclusivity contracts for agencies. Exclusive agency agreements are regularly used when selling residential property.
  3. Exclusive deals. 
  4. A solitary agency agreement is comparable to an exclusive agency arrangement.
  5. Agreement for multiple listings, general listings, and open agencies.

To learn more about agency agreements, use the given link.

brainly.com/question/28284709

#SPJ1

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The solution (x,y) to a system of equations is the point where they
slamgirl [31]
Intersect. On a graph that is where they intersect.
8 0
3 years ago
1. Inventory that consists of the costs of the direct and indirect materials that have not yet entered the manufacturing process
Luba_88 [7]

Answer:

materials inventory

Explanation:

An inventory is a term used to describe a list of finished goods, goods still in the production line and raw materials that would be used for the manufacturing of more goods in a bid to meet the unending consumer demands.

Basically, an inventory can be classified into three (3) main categories and these are; finished goods, work in progress, and raw materials.

An inventory is recorded as a current asset on the balance sheet because it's primarily the most important source of revenue for a business entity.

Generally, the three (3) main cost concept associated with an inventory include;

1. First In First Out (FIFO).

2. Last In First Out (LIFO).

3. Weighted average cost.

In Financial accounting, direct cost can be defined as any expense which can easily be connected to a specific cost object such as a department, project or product. Some examples of direct costs are cost of raw materials, machineries or equipments.

On the other hand, any cost associated with the running, operations and maintenance of a company refers to indirect costs. Some examples of indirect costs are utility bill, office accessories, diesel etc.

Materials inventory can be defined as an inventory that comprises of direct and indirect materials costs which have not been used in a manufacturing process.

6 0
2 years ago
Large purchased all of Small's voting stock for $11 million when Small's total owners' equity was $4 million. The book value and
hoa [83]

Answer:

The amount of goodwill that is recorded by Large is $5 million

Explanation:

Goodwill is the excess of price consideration paid to acquire controlling stake in a company over the fair value of the company's net assets.

Net assets in the sense implies the fair value of total assets less fair value of liabilities.

Fair value of total assets is $9 million

Fair value of liabilities    is $3 million

As a result net assets upon acquisition  is $6 million($9 million less $3 million)

Since the consideration paid in acquiring Small's voting stake is $11 million, goodwill is $5 million($11 million less $6 million).

The $ 5 million is the excess of purchase consideration over the fair value of Small's net assets as at the date of acquisition

8 0
3 years ago
Ron Landscaping's income statement reports net income of $75,200, which includes deductions for interest expense of $13,200 and
kaheart [24]

Answer:

times interest earned= 9.49

Explanation:

Giving the following information:

Ron Landscaping's income statement reports net income of $75,200, which includes deductions for interest expense of $13,200 and income taxes of $36,900.

First, we need to calculate the income before taxes and interest expense:

EBIT= 75,200 + 13,200 + 36,900= $125,300

Now, to calculate the times interest earned we need to use the following formula:

times interest earned= EBIT/ interest expense= 125,300/13,200= 9.49

3 0
3 years ago
State law requires all electricians to be licensed. Ted is not licensed, but has been doing electrical work with his family busi
alex41 [277]

Answer:

Yes

Explanation:

Yes, Robin would need to pay because she knew that Ted was not licensed and still decided to hire him. Therefore, agreeing to contract Ted and pay him for the work that he has done. Regardless of whether or not Ted's job was legal or not Robin still agreed and must pay Ted. Ted will later have to deal with his own legal issues but that does not affect the contract that was agreed upon by both parties.

8 0
3 years ago
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