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Eddi Din [679]
3 years ago
8

A property owner agrees to pay a broker an open-ended commission as the difference between the sale price and a net amount, prov

ided the owner receives a minimum amount of proceeds from the sale at closing. This is an example of a(n)
Business
1 answer:
LekaFEV [45]3 years ago
5 0

Answer:

net listing

Explanation:

Net listing is a real estate practice where the seller sets a net price that he/she wants to receive for selling a property. The real estate agent is free to offer that property at any amount higher than the net listing, and if the property is sold, the real estate agent is entitled to the difference between the sales price and the net price set by the seller.

The agent's commission is solely based on the difference between the sales price and the price set by the seller, he/she cannot collect any other % commission.

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Managerial accounting differs from financial accounting in that managerial accounting A. is required by Generally Accepted Accou
snow_tiger [21]

Answer:

The correct option is (b)

Explanation:

Managerial accounting is for internal purpose for the managers for decision making. It is not mandatory as per GAAP, unlike financial accounting. Transactions are recorded as per the understanding of managers and not as per specific standards,

Managerial accounting focuses on data being relevant and not necessarily objective. Since, it caters to internal users, it is customized as per their requirement. Financial accounting, on the other hand needs to be highly objective as it caters to a wider audience who need transparent and reliable financial information.

Therefore, managerial accounting focuses on data relevance over data objectivity.

4 0
4 years ago
Suppose the following transactions occur during the current year:
Genrish500 [490]

Answer:These transactions combines will increase the Gross Domestic Products by +2500

Explanation:

Gross domestic product is the Value of all goods and service produced within the boarders of the country over a period of time. Gross domestic product is measured in monetary terms. Gross domestic product can also be calculated as a total of all expenditures on goods and services in the economy.

we will now sow how these Transactions affect the gross domestic product

1. 50 cases of beer from a dutch distributor at $40 per case

When Dmitri (assuming he is in the United States) Purchases a 50 cases of beer abroad, Imports increase by $2000 ($40 x 50 cases)

Imports have a negative impact on the Gross domestic product, Therefore the Gross domestic product will decrease by $2000

-$2000 imports = -2000 Gross Domestic Product. ceteris pa

2.US Company sells 200 Transistors to a Spanish company at $15 per case

Exports increase Gross domestic product. When a US Company sells 200 transistors to a Spanish Company at a price of $15 per transistor, Exports will increase by $3000. When export increase Gross domestic product will also increase by -$3000 ceteris par

+$3000 export = + 3000 Gross Domestic Product.

3. Jake US Citizen pays $1500 for a laptop he orders from microell (a US company)

This transaction will increase Consumer's domestic consumption which is represent by a Variable denoted by C in the Consumption equation. When Jake pays $1500, Consumption increases by $1500 which also increases Gross domestic Product by $1500 ceteris pa

+$1500 Consumption = + $1500 Gross domestic product

Combined effect of these Transactions

Consumption + Investment + government spending + (export - import)= GDP

+$1500 + 0 + 0 + 0 + ($3000 - $2000) = + $2500        

These transactions combines will increase the Gross Domestic Products by +2500

8 0
4 years ago
Read 2 more answers
According to the BrandZ model, "Bonded" consumers at the lower levels of the pyramid build stronger relationships with and spend
Romashka-Z-Leto [24]

Answer:

FALSE

Explanation:

According to the BrandZ model, "Bonded" consumers at the lower levels of the pyramid build stronger relationships with and spend more on the brand than those at the top. This is a false statement. True statement is, according to the BrandZ model, "Bonded" consumers at the top level of the pyramid build stronger relationships with and spend more on the brand than those at the top. This bonding is created in the very last step which is the ultimate result of the

Presence

Relevance

Performance

&

Advantage step, therefore the order becomes this:

Presence

Relevance

Performance

Advantage

&

Bonding.

7 0
3 years ago
Contracts Capstone 18 of 25Items 36:16 Assignment completion: 72.00% Item 18After selecting an answer, more information on the t
Debora [2.8K]

Answer: The creditor will be able to recover $1,350

Explanation:

The amount that the creditor will be able to recover will be the contract price less the damages for the minor breach by the company.

In this case, the company finished all of the tasks except for the cleaning of the oven. Since this is minor with regards to the contract, the company will be seen to have performed its contract.

Since we are told the cost of finishing the job was 10% of the contract cost, this will be regarded as a minor breach, therefore, the owner of the condominium cannot avoid the payment of the price of the contract price. In this case, the creditor will be able to recover ($1500 - $150) = $1,350.

4 0
3 years ago
John's band's Facebook page has 17,000 likes. If each of his fans has friends that number 15 percent of the likes that John has,
ch4aika [34]
17,000 * 17,000 * 0.15 = 43,350,000
(Hope this helps...)
6 0
3 years ago
Read 2 more answers
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