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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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A company sells DVD players for $200 per unit. The players have a unit variable cost of $160. The company estimates that it will

Archy [21]

Answer:

Break-even point= 1,200 DVDs

Explanation:

F<u>irst, we need to calculate the sales proportion:</u>

DVD= 4/5= 0.8

Home entertainment= 1/5= 0.2

<u>Now, we need to calculate the break-even point for the whole company:</u>

Break-even point (units)= Total fixed costs / Weighted average contribution margin

Weighted average contribution margin= (weighted average selling price - weighted average unitary variable cost)

Weighted average contribution margin= (200*0.8 + 600*0.2) - (160*0.8 + 460*0.2)

Weighted average contribution margin= 60

Break-even point (units)= 90,000/60= 1,500

<u>Finally, the number of DVDs:</u>

DVD= 1,500*0.8= 1,200 DVDs

5 0

3 years ago

Art's Market barrows $25,000 for three years at 8 percent. Payments are quarterly. Which of these inputs correctly computes the

Ratling [72]

Answer: A. N = 12; 1 = 8/4; PV = 25,000; FV = 0; CPT PMT

Explanation:

A is the correct option because,

N = 12

The period is 3 years but the payments are quaterly so the actual period is;

= 3 years * 4

= 12 quarters/ periods.

I = 8/4

The interest rate is 8% but this is stated as a Yearly value which needs to be adjusted to a quarterly value by dividing it by 4.

PV = 25,000

The Present Value of the loan is $25,000 because this is the amount that Art's Market was given in the present.

When all of this is inputted into the calculator, the answer will be; PMT = $2,363.99.

5 0

3 years ago

One of the lessons about competing in a globally competitive marketplace that comes from "playing" The Business Strategy Game is

vaieri [72.5K]

Answer: the dynamic, changing nature of competition makes it advisable for managers to make strategy adjustments of one kind or another on an ongoing basis to improve company's competitiveness vis-a-vis rivals and boost its overall performance (D).

Explanation:

The Business Strategy Game is an important part of strategic management. It encourages encourages individuals to combine several decisions into a unified strategy which is vital for important decision making.

The Business Strategy Game consist of a global marketplace because businesses need to learn about the competitive and strategic features of foreign competition and international markets. The Business Strategy Game helps mangers make strategic adjustments thereby boosting overall competitiveness and performance.

8 0

3 years ago

A local government operates on a calendar-year basis. Prepare journal entries to record the following transactions and events fo

sergeinik [125]

Answer:

Feb. 1 DR Cash $400,000

CR Tax anticipation notes $400,000

Dec 31 DR Expenditures - Interest $3,666.67

CR Accrued Interest Payable $3,666.67

Working

February to December = 11 months

Interest = 400,000 * 1.0% * 11/12 months = $3,666.67

April 1 DR Investments $100,000

CR Cash $100,000

Sept. 30 DR Cash $50,200

CR Investments $50,000

Interest Income $200

Working

Interest Income = 50,000 * 0.8% * 6/12 months

= $200

3 0

2 years ago

a(n) ______ team is a group of experienced people from different areas of business who join together to form a managerial team w

Aleks [24]

Entrepreneurial team is a group of experienced people from different areas of business who join together to form a managerial team with the skills needed to develop, make, and market a new product.

<h3>What is Entrepreneurial team?</h3>

Entrepreneurial team serves as the team that come together to form a team of managers so that can carry out research to work on a new product.

They are usually from different areas of business with necessary skills for the work.

Learn more about Entrepreneurial team on:

brainly.com/question/16258491

#SPJ11

5 0

1 year ago