1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Sonbull [250]
3 years ago
12

A property has sold for $185,000. The listing agreement calls for a commission of 6.5%. The listing broker and selling broker ag

ree to share the commission equally. What will the listing agent receive if the agent is scheduled to get a 65% share from his broker?
Business
1 answer:
pychu [463]3 years ago
8 0

Answer:

First we need to find out the total commission which is 6.5%

0.065*185000=12025

Out of this the listing broker will get 50%

0.5*12025= 6012.5

Out of this the agent will get 65 percent of that

0.65*6012.5=3908.125 is the amount that the listing agent will receive from his broker.

Explanation:

You might be interested in
Everything else held constant, when bonds become less widely traded, and as a consequence the bond market becomes less liquid, t
Umnica [9.8K]

The demand curve for bonds shifts to the left and the interest rate rises.

  • left; rises

<h3>Influence of the demand curve</h3>

When bonds are not frequently traded, and the market becomes less liquid, the demand for the bonds falls.

As a result, with a fall in demand, the curve will move towards the left. To overcome the less liquid position, bond suppliers will raise the interest rate to attract investors and capital in the market

To overcome the less liquid position, bond suppliers will raise the interest rate to attract investors and capital in the market

Therefore, the correct answers are left and rise.

Learn more about demand curve from here: brainly.com/question/1486483

5 0
3 years ago
The County Auditor is the Chief ____ Officer of a county.
Leto [7]

Answer:

The County Auditor is the Chief <u>Fiscal</u> Officer of a county.

Explanation:

The County Auditor is Chief Fiscal Officer of the county. The primary responsibility of the county auditor is to account from the receipts and collection of funds by the county to the disperment of the funds to different county agencies. The county auditor also maintains the records of the movement of the county assets.

3 0
3 years ago
The ________ is determined by the amount by which government spending exceeds government revenue in a fiscal year. budget defici
Amiraneli [1.4K]

The answer to this question is Budget Deficit. Budget Deficit shows that the government spending is exceeding the government revenue in a year. In order to resolve the problem in budget deficit the government should cut the expenditures or the government spending and find a way to increase revenue of the country.

8 0
3 years ago
Explain what lower of cost or market means in regards to reporting merchandise inventory on the balance sheet.
Degger [83]

Answer and Explanation:

Inventory is an asset and is posted on the asset side of the balance sheet. As per accounting standards regarding inventory valuation, it can be either valued at historical cost or at market price, whichever is lower.

Historical cost is the cost at which asset was acquired. Market price is the price which would be received if the asset is replaced as on the date on which balance sheet is prepared. Inventory is valued at lower of the above mentioned costs.

4 0
3 years ago
At a price of $10, the marginal revenue of a monopolist is $6. if the marginal cost of production is $8, what should the monopol
Eduardwww [97]

At a price of $10, the marginal revenue of a monopolist is $6. if the marginal cost of production is $8, the monopolist should keep the price at  same level  in order to maximize profits.

For increasing the profits the monopolist should increase the marginal revenue to $8 so that the mr =mc.

Every firm follows the rule of profit maximization. In this rule marginal cost is equal to the marginal revenue and the MR intersects the MC curve the profit will be the maximum at this level.

The marginal cost of production and marginal revenue are the economic measures which are used to determine the amount of output and the price per unit of a product that will maximize profits.

To know more about marginal revenue here:

brainly.com/question/13383966

#SPJ4

6 0
2 years ago
Other questions:
  • Which element of the Word window allows a user to see the size percentage, number of pages, and number of words in the document?
    13·2 answers
  • RST Company uses a process cost system. The following data pertains to January.
    15·1 answer
  • Laser World's income statement reported total revenues of $860,000 and total expenses (including $40,500 depreciation) of $740,0
    11·1 answer
  • Price is a concept relating to how post-deregulation transportation firms determine and impose charges for their services. which
    15·1 answer
  • name two different market structures describe how and why they each have a different competitive situation
    15·2 answers
  • Mott Company purchases a machine from Janelle Company. Installation of the machine requires specialized knowledge that Mott Comp
    12·1 answer
  • (I) Countries with more economic freedom during the past quarter of a century had a lower average per capita GDP.(II) Countries
    11·1 answer
  • Name seven hazards that are found in the welding shop
    11·1 answer
  • What sections make up a balance sheet? <br> Assets <br> Capital <br> Liabilities <br> Owner's Equity
    9·1 answer
  • Read the graph. What is the equilibrium price?
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!