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wel
3 years ago
5

Broker Al offers all his agents the ability to sell their own homes without any commission owed the brokerage. In what part of t

he work agreement might this information be located?
Business
1 answer:
Ratling [72]3 years ago
7 0

Answer:

Miscellaneous benefits

Explanation:

In this case, Broker AI cannot put this in the main agreement section of the work agreement because there are certain information about the rights, the terms of sales and other things which are added to the main section of the agreement. In this case, it is the Broker who offers his agent, and this is more like an offer or promotion from the Broker, hence it must be in the miscellaneous benefit section of the work agreement.

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Liquidity refers to Group of answer choices the ease with which an asset is converted to the medium of exchange. the measurement
Pani-rosa [81]

Answer:

The correct answer is letter "A": the ease with which an asset is converted to the medium of exchange.

Explanation:

The liquidity of an asset reflects the ease with which it can be transformed from investment to cash. Liquid assets are those that can be transformed easily to cash and see little or no difference in the value of the assets when transformed. Illiquid assets are more difficult to convert and can result in a major decrease in value once converted.

6 0
3 years ago
Mike wants to purchase an $11,350 car with a loan from a credit union that requires a 20% down payment. what amount will Mike bo
djyliett [7]
He will borrow 80% of the cost of the car.
80/100*11350= <span>$ 9080</span> 
4 0
4 years ago
In March 2021, the Phillips Tool Company signed two purchase commitments. The first commitment requires Phillips to purchase inv
xeze [42]

Answer:

Journal entries

Date               Account title and explanation    PR. No.    Debit ($)    Credit ($)

June 15,2021        Purchases                                             $85,500

                             Loss on purchase commitment           $15,000

                             Cash                                                                        $100,000

                       (To record the payment for the loss on

                         purchase commitment)

June 30,2021  Estimated loss on purchase

                        commitment                                                $10,600

                           Estimated liability on purchase

                        commitment                                                                   $10,600

                       (To record the loss on purchase commitment)

Aug 30,2021        Purchases                                             $120,500

                             Loss on purchase commitment           $19,900

                            Estimated liability on purchase

                             commitment                                           $10,600

                           Cash                                                                           $151,000

                       (To record the payment for the loss on purchase commitment)

Explanation:

For June 15,  Loss on purchase commitment = Signed value of inventory - Market value of inventory = $100,000 - $85,500 = $14,500

For June 30, Loss on purchase commitment = Signed value of inventory - Market value of inventory = $151,000 - $140,400 = $10,600

For Aug 30, Loss on purchase commitment = Market price of inventory at June 30 - Market value of inventory at August 30 = $140,400 - $120,500 = $19,900

4 0
3 years ago
Knoll Company started Year 2 with a $1,000 balance in its Cash account, a $200 balance in its Supplies account and a $1,200 bala
Eddi Din [679]

Answer:

$750

Explanation:

Calculation to determine what the amount of supplies expense reported on the Year 2 income statement is:

Using this formula

Supplies expense=Balance in Supplies account

+Cash paid to purchase supplies)-Supplies on hand

Let plug in the formula

Supplies total amount =($200 + $600) -$50

Supplies total amount=$800-$50

Supplies total amount=$750

Therefore the amount of supplies expense reported on the Year 2 income statement is:$750.

8 0
3 years ago
Describe the economy of the islands in the west indies.
Firdavs [7]

Answer:

Agriculture is the traditional basis of the economies of the West Indies.

<h3>What is the economy of the West Indies?</h3>
  • Agriculture is the traditional basis of the economies of the West Indies, but production and employment in agriculture have been declining.
  • Most countries are not self-sufficient in food production, and cereals, primarily wheat, are the chief food imports.

To learn more about the west indies, refer

to brainly.com/question/26386481

#SPJ4

7 0
2 years ago
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