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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.

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</span>C) A check. 

5 0
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Accumulated Balance is given by :

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Here,

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6 0
3 years ago
Jaheem's business sells a single product. The following information was gathered from Jaheem's records: Price $24.00 per unit Va
pochemuha

Answer:

See below

Explanation:

With regards to the above, Jaheem's business profit increase is calculated as

= Fixed cost + Desired profit/Contribution margin

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6 0
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