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KengaRu [80]
4 years ago
15

Why are closing costs a one time fee?

Business
1 answer:
mart [117]4 years ago
5 0
The answer to this question is letter D. <span>The closing costs cover titles, taxes, and realtor costs. After closing, the only monetary obligation is to the lending party.

</span>Closing costs<span> are fees paid at the </span>closing<span> of a </span>real estate transaction<span>. It is called the </span>closing<span> when the </span>title<span> to the property is </span>conveyed<span> to the buyer. Closing costs then are incurred by the buyer or the seller, either of the two.</span>
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3 years ago
An operation operates with a variable cost percentage of 72%. The owner wants to increase sales revenue by an amount necessary t
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Answer:

The answer is $2,857.14    

Explanation:

Let us assume Sales be $500 per month  

                                                 Monthly    

Sales                                    $500    

Less: Variable Cost(72%)    $360    

Contribution(will be 28%)    $140    

Less: Fixed Cost(Assume)      0    

Operating Income                     $140    

If there should be an increase of $800 per month in the operating Income

Revised Operating Income $140 + $800 = $940  

Therefore Contribution is equal to $ 940  

If Contribution is $940 equal to 28%, then Sales be 100%  

$940 ÷ 28%    

$3,357.14    

Therefore additional increase in Sales revenue required per month

$3,357.14 - $500    

$2,857.14    

4 0
4 years ago
rose ordered a package of macaroons from an out of state bakery. she received the cookies the following week. what type of e-com
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Rose ordered a package of macaroons from an out-of-state bakery. she received the cookies the following week, the type of e-commerce product is Physical.

E-commerce digital commerce is the buying and selling of goods and services, or the transmitting of finances or data, over a digital network, basically the net. these enterprise transactions occur both as commercial enterprise-to-enterprise, commercial enterprise-to-purchaser, customer-to-patron, and consumer-to-enterprise.

E-commerce is the interest of electronically buying or selling merchandise on online services or over the net. E-trade draws on technologies together with cellular trade, digital funds transfer, supply chain management, internet marketing, online transaction processing, electronic records interchange, inventory control structures, and automatic statistics series systems.

Learn more about e-commerce here:-brainly.com/question/23369154

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1 year ago
Lily's apparel, a renowned apparel store, focuses on gen y customers and provides them with a customized clothing experience. th
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3 years ago
(A) If variances are prorated at the end of the accounting period, an unfavorable direct materials price variance will, when pro
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Answer:

Both A and B are correct.

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