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
Y_Kistochka [10]
3 years ago
15

Walt has a $300,000 listing at 8% commission. An agent from another firm sold the listing. Walt has a 70% commission split with

his broker and there is a 50% co-brokerage split. What was Walt’s commission?
Business
1 answer:
erastovalidia [21]3 years ago
4 0

Answer:

$8,400

Explanation:

total commission = $300,000 x 8% = $24,000

50% co-brokerage split = $24,000 x 50% = $12,000

Walt's commission = $12,000 x 70% = $8,400

the 70% commission split between Walt and his broker means that Walt keeps 70% of the commission and the broker keeps 30%.

total commission is split between the two firms because the Walt's listing was sold by another firm.

You might be interested in
Given the market for illegal drugs, when the government is successful in reducing the flow of drugs into the united states,
Natasha2012 [34]
B. demand and supply both decrease, leaving price essentially unchanged.
6 0
3 years ago
The three (3) key components in creating a financial plan are: Select one: a. The sales forecast, proforma financial statement a
atroni [7]

Answer:

The correct answer is the option D: Free cash flow, economic value added, sales forecast.

Explanation:

To begin with, in the field of business, a financial plan consists of an strategy that the managers of the company must follow in order to have every money aspects established and on guard of what can happen straight ahead regarding the conditions and circumstances of the organization's environment and context as well. Therefore that a financial plan's major three components are the cash flow statement where the managers must see how the money is flowing in and out, also the sales forecast that will encourage the company itself to try to achieve that expectations and the economic value added could also be very important when it comes to matters of money and how the business will value their products for sale according to the costs structure that the enterprise has.  

7 0
3 years ago
How to empower employees ?
Zepler [3.9K]

Answer:

set clear boundarys

dont be afaid to yell

Explanation:

8 0
2 years ago
When other salespeople believe that a sales manager has valuable knowledge or skills in a given area, the sales manager is able
netineya [11]

Answer:

The correct answer is: expert power.

Explanation:

Expert power is power derived from the belief of workers that a manager or some other member of an organization has a high level of knowledge or some sort of unusual skills not acquired or displayed by other employees or coworkers of the company. This provides the skilled worker a certain influence at the moment of deciding workers of the same hierarchy.

6 0
3 years ago
An organizational resource that is being protected is sometimes logical, such as a Web site, software information, or data. Some
kicyunya [14]

Answer:

The correct answer is (a)- asset.

Explanation:

An asset is a resource with value that someone owns with the intention of generating a future benefit (whether economic or not). In accounting, it represents all the assets and rights of a company, acquired in the past and with which they hope to obtain future benefits.

They have in common that they are the result of past events and are capable of generating economic returns in the future. All assets have the potential to bring money to the business, whether through use, sale, or exchange. Examples of assets are a premises, a van, a patent, a computer, raw materials, financial investments or collection rights.

4 0
3 years ago
Read 2 more answers
Other questions:
  • Example 1: Your manager enters your office with receipts from a restaurant and bar and asks for reimbursement. The manager claim
    12·1 answer
  • A list of financial statement items for Ivanhoe Company includes the following: accounts receivable $16,800; prepaid insurance $
    6·1 answer
  • Classical economics played an important role in helping the United States establish _________.
    6·1 answer
  • Which of the following items are included in official U.S. GDP statistics? Instructions: In order to receive full credit, you mu
    8·1 answer
  • Edith Engineer travels from city to city to conduct her business. Every other year she buys a used car for about $12,000. The de
    11·2 answers
  • The main difference among different types of business letters is
    8·1 answer
  • The strategic alliance between Coca-Cola and Nestlé has spanned a period of over 20 years due to the fact that both companies be
    10·1 answer
  • Jingfei, an employee of Chinese origin, works as a sales representative at Global Recyclers International. Her supervisor, Ralph
    9·1 answer
  • Malcolm has decided that he wants to open up his own law practice. The time has come to establish prices for his services. Due t
    8·1 answer
  • In cell G5, enter a formula to calculate the total amount due for the first client based on the annual total and the number of y
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!