From the law on the mortgage brokers, the maximum commission that is charged would be 10 percent of the principal loan because the loan ahs a period of more than 3 years.
<h3>Who is a mortgage broker?</h3>
This is the term that is used to refer to the intermediary or the middle man that brings mortgage borrowers and lenders together.
The fee or the commission that they have to earn based on the fact that is for 4 years would be 10 percent.
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Answer:
$ 75 000
Explanation:
Economic profit = total revenue from sales - ( total expenses + opportunity cost) = $ 600000 - ( $ 200000 + $ 175 000 + $ 45000 + $ 105000) = $ 75 000
Answer:
Product costs are.
Explanation:
Often the information needed by internal managers stands in sharp contrast to external reporting requirements promulgated by Generally Accepted Accounting Principles (GAAP).
GAAP requires full costing and management decision making requires incremental information.
According to GAAP, all manufacturing costs must be treated as product costs, and all selling and administrative costs must be treated as period costs.
Material cost + labor costs incurred directly in producing the product + other production or indirect production overhead costs.
If the products are in inventory, the costs are recorded as assets. If they have been sell, the are recorded as costs of goods sold.
Answer: C. $104
Explanation:
The company expected $0.80 earnings per share but got $1.10. This means that they exceeded target by $0.30.
They will give $0.04 extra dividend for every $0.10.
Total extra dividend = 0.04 * 0.30/0.1
= $0.12 per share
This is in addition to the normal dividend of:
= 0.80 / 2
= $0.40
Total dividend per share:
= 0.12 + 0.40
= $0.52
Person who owns 200 shares will get:
= 0.52 * 200
= $104
It is a organization of markets