Answer:
No, because he did not produce a ready willing and able buyer
Explanation:
A broker's commission is earned upon his supplying a purchaser ready, willing and able to buy according to seller's terms, and upon completing duties called for in the earnest money agreement.
A transaction is not "closed" until the buyer has been supplied with evidence of title called for in the earnest money receipt; delivery of deed; accounting to the seller of consideration coming to him, together with delivery of possession of the premises to the buyer.
Answer:
The correct answer is letter "D": sole proprietor.
Explanation:
A sole proprietorship is a type of organization where the owner is only one person and the individual files taxes on the profits earned with the business. Under this regime, the owner is fully liable for the company which implies personal assets can be considered in front of debt.
When it comes to reporting equity, a <em>sole proprietorship</em> does it in the same way as a <em>Limited Liability Corporation</em> (LLC). The only difference relies on reporting the equity under the sole proprietor name rather than the name of the LLC.
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Answer:
Ans. the value of the stock today is $6.31
Explanation:
Hi, we need to bring to present value all the cash flows of this stock, that is bringing to present value the cash flows from year 1 through 6 and the horizon value which is the value in year 6 of the cash flows from 6 and beyond.
The formula to use for the dividends from year 1 - 6 is:
Where:
r = is the discount rate
n = number of consecutive dividends
And the present value of the horizon value is:
So everything together is:
Now, the numbers
So based on the future cash flows of this share, its fair price is $6.31
Best of luck.
