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3 years ago

To reduce potential liability, in which area should real estate professionals not provide expert information?

Business

1 answer:

Mama L [17]3 years ago

5 0

Real estate experts should not provide advice

on tax implications. this is because to offer such an advice the expert need training and knowlidge on state and federal tax laws. Tax laws are complex and varies from state to state which requires a considerable high level training. ina ddition, the laws keep on changing as new budgets are read,and the expert may not be conversant with any change.

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GreenTree Lawn and Garden Products is engaged in a review of the sales, costs, and profit projections for some new products to f

klio [65]

Answer:

False

Explanation:

the answer is false

7 0

3 years ago

Perine Company has 2,000 pounds of raw materials in its December 31, 2016, ending inventory. Required production for January and

nexus9112 [7]

Answer:

Budgeted purchase for January = $48,000

Explanation:

Opening stock of raw material = 2,000 pounds

Requirement for January = 4,000 units $\times$ 2 per unit = 8,000 units

Also provided that inventory upto 25% of next month requirement is to be held, that is for 5,000 units of finished goods 5,000 $\times$ 2 = 10,000 units $\times$ 25% = 2,500 units, of raw material is required.

Total purchase for January = Closing requirement + Current month requirement - Opening Stock = 2,500 + 8,000 - 2,000 = 8,500 units to be purchased

Total purchase cost = 8,000 units $\times$ $6 = $48,000

Final Answer

Budgeted purchase for January = $48,000

3 0

3 years ago

Suppose the price of apples goes up from $20 to $22 a box. In direct response, Goldsboro Farms supplies 1,200 boxes of apples in

OLga [1]

Answer:

Explanation:

Price elasticity measures the responsiveness of the quantity demanded or supplied of a good to a change in its price. It is computed as the percentage change in quantity demanded—or supplied—divided by the percentage change in price.

Elasticity can be described as elastic—or very responsive—unit elastic, or inelastic—not very responsive.

Elastic demand or supply curves indicate that the quantity demanded or supplied responds to price changes in a greater than proportional manner.

An inelastic demand or supply curve is one where a given percentage change in price will cause a smaller percentage change in quantity demanded or supplied.

Unitary elasticity means that a given percentage change in price leads to an equal percentage change in quantity demanded or supplied.

8 0

3 years ago

A best-seller novel sells for $28 in hardback edition and $12 in a paperback edition. a book store's sales of both editions tota

Mekhanik [1.2K]

The number of each type of book is what is unknown, so we can represent those quantities with variables. Let x = the number of hardbacks and y = the number of paperbacks. Then we know that: x + y = 65 (the total number of books sold) We also know the total cost of both editions, which is $1356. It can be written algebraically as: 28x + 12y = 1356 We now have a system of two equations, which can be solved by substitution. It would be easier to solve the first equation for either x or y and substitute that into the second equation.

6 0

3 years ago

Which of the statements is the best

Galina-37 [17]

Answer:

Cash over flow ~AU ( ;

Explanation:

4 0

3 years ago