The amount of Alec's license fee that went into the Real Estate Recovery Fund, which just received his Florida broker license, is <u>$3.50.</u>
<h3>
What is the real estate license fee?</h3>
The real estate license fee in Florida costs $83.75. This amount is paid to the Florida Real Estate Commission (FREC).
FREC is the government office regulating real estate education and licensure in Florida. FREC is under the supervision of the Florida Department of Business and Professional Regulation (DBPR).
License fees of $3.50 are imposed as soon as the Real Estate Recovery Fund drops below $500,000.
Thus, the amount of Alec's license fee that went into the Real Estate Recovery Fund, which just received his Florida broker license, is <u>$3.50.</u>
Learn more about real estate license fees at brainly.com/question/26067240
Answer:
The amount of Bad Debt Expense reported in 2019 was $16,100.
Explanation:
Our concern is mainly on the allowance for doubtful accounts. Based on the facts given in the question, the opening balance of the allowance account was $79,900 credit balance, while the closing balance was $96,000 credit. Since there were no write-offs or recoveries during 2019, the bad debt expense is simply the difference between the closing balance and the opening balance i.e, $96,000 - $79,900 = $16,100.
The journal entries will be:
Debit Bad debt expense $16,100
Credit Allowance for doubtful account $16,100
<em>(To record the bad debt expense for 2019) </em>
<span>The answer is C. research and content manager
Livebinder is a software allow you to categorize the data/information according to their own group criteria.
This will help research and content development process by making it easier by an organization to seek relevant data to answer a unique problem.</span>
Answer:
a. Increased consumption , which shifts the aggregate-demand curve right.
Explanation:
When there is a boom in stockmarket which makes people wealthier, people's consumption would increase because of the desire and availability of money to purchase goods, which results in demand curve shifting right.
The boom in the stockmarket means people investment has appreciated hence are able to save and increase their consumption spending.
A shift in demand curve to the right means an increase in the quantity demand of goods and services while a shift in demand curve left means a decrease in the quantity demand of goods and services.
Other factor that could cause increased consumption and shifts in aggregate demand curve right is tax decrease. Tax is a compulsory levy imposed on an individual or an organization by the government.
When there is a tax decrease, people would be able to save more thus increase their desire to consume more hence demand curve would shift to the right.
Answer: determining the best routes for product delivery.
Explanation:
Predictive analytics is designed I order to help determine the effects of changes that occurs in a business environment.
It can be used for establishing consumer credit scores, forecasting the safety of drivers, identifying the most profitable customers and also anticipating customer response to price changes.
It is not used for determining the best routes for product delivery.
