Answer:
An exclusive agency agreement will save Janice the cost of a commission.
Explanation:
An exclusive agency is an agreement between a seller and a real estate agent which grants the agent the right to be the only authorized agent to market and sell a property. However, the seller retains the right to sell the property independently of the agent, in which case, no commission is payable to the agent.
In the given scenario, Janice wants to market her home and receive the best representation possible. Hence, she requires the services of an agent in order to do so. However, Janice would want to retain the right to be able to sell the property on her own. This way, if her neighbor does ultimately decide to buy the property, Janice can simply sell it to the neighbor without having to pay any commission to her agent.
Answer: $3.31
Explanation:
Dividends will increase by 2% so using a future value formula would show the amount of dividends in year 5.
= 3 * ( 1 + 2%)⁵
= 3 * 1.1040808032
= 3.3122424096
= $3.31
You can make posters and signs that can show ppl you sell them or get a food truck !
Answer:
On October 01, 2017
The amount actually borrowed that is $ 701,000 will be recorded as liability/note payable on october 01, 2017. The following accounting entry will be passed
Debit Cash Asset $ 701,000
Credit Note payable $ 701,000
Interest recognized from October 1 to December 31, 2017
The premium amount paid on redemption will be recorded as interest over the period of time. The interest amount is
Interest = 721,000 -701,000 = $ 20,000
So this above calculated expense will be recognized as an expense over loan period.
Answer:
direct materials quantity variance = 520 Favourable
Explanation:
given data
material = $2 per pound
produced = 1,000 units
Actual Quantity of Material = 5200
cost = $9,880
to find out
direct materials quantity variance
solution
we get here Material Price Variance that is express as
direct materials quantity variance = ( Standard Cost - Actual Cost) Actual Quantity of Material .......................1
put here value we get
direct materials quantity variance = 2- 
× 5200
direct materials quantity variance = 520 Favourable
