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NemiM [27]
3 years ago
6

State licensing laws prescribe behavioral requirements with which licensees must comply to keep their licenses. Licensing laws g

enerally seek to prevent brokers from partaking in all of the following activities EXCEPTA. Handling money in trust for clientsB. Taking kickbacks without the employers knowledgeC. Offering the property at terms other than those specified by clientsD. Failure to submit all offers to the client
Business
1 answer:
Sergio039 [100]3 years ago
4 0

Answer:A. Handling money in trust for clients.

Explanation: A broker is a third party who has been instructed by his or her principal to take certain actions or place certain roles on his or her behalf. Brokers are agents who maintain a fiduciary relationship with their clients.

The brokers are not expected to work outside of the terms of agreement between them and their principal or client,doing so will amount to certain penalties by the regulating bodies.

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Elsanora Corporation reports the year-end information from 2018 as follows: Sales (100,000 units) $500,000 Less: Cost of goods s
Charra [1.4K]

Answer:

Results are below.

Explanation:

Giving the following formula:

Unitary selling price= 500,000/100,000= $5

Operating expenses= $1

Depreciation= $20,000

New selling price= 5*1.1= $5.5

Sales in units= 100,000*0.95= 95,000

COGS rate= 0.62

<u>To calculate the net income, we need to use the following structure:</u>

Sales= 5.5*95,000= 522,500

COGS= 522,500*0.62= (323,950)

Gross profit= 198,550

Operating expenses= (95,000 + 20,000)= (115,000)

Net income= 83,550

6 0
3 years ago
If a company increases its fixed costs for product​ b, then the contribution margin per unit will.
Evgen [1.6K]

If a company increases its fixed costs for product​ b, then the contribution margin per unit will remain the same.

<h3>What is fixed cost?</h3>
  • Fixed costs, sometimes referred to as indirect costs or overhead costs in accounting and economics, are costs incurred by a corporation that are independent of the volume of goods or services the company produces.
  • They frequently occur again and again, like monthly rent or interest payments.
  • These expenses are often capital expenses as well.
  • Contrast this with variable costs, which depend on volume (and are based on the quantity produced) and are unknowable at the start of the accounting year.
  • Some variable costs are affected by the type of fixed costs.
<h3>What is company?</h3>
  • A corporation, often known as co., is a legal entity that stands for a group of people with a certain goal who are either natural, legal, or a combination of the two.
  • Members of the company work together for a shared cause in order to accomplish clearly stated objectives.

Learn more about fixed cost here:

brainly.com/question/17100497

#SPJ4

6 0
2 years ago
While there is a wide variety of projects across organizations, the degree of formality used in selecting them is largely unifor
Romashka-Z-Leto [24]
The answer would be false because uniform would mean there is a standard and different organizations have different priorities 
6 0
3 years ago
What does acronym OSHA stand for?
maria [59]
“OSHA” Stands for the Occupational Safety and Health Administration of the United States Department of Labor, formed by the Occupational Safety and Health Act of 1970
4 0
3 years ago
Wahoo just issued preferred stock at a semiannual dividend of $2 per share. If you have an annual discount rate as an investor o
LuckyWell [14K]

Answer:

The price of the preferred stock should be $ 50.

Explanation:

Price of the issued preferred stock: semianual dividend of $2 per share.

Annual discount rate: 8%

With these details we are able to perfom the following calculations:

Annual Preferred Dividend = Semi Annual Dividend x 2

= $2.00 x 2 = $4.00 per share

Then we know that the Price of Preferred Stock = Annual Dividend per share on Preferred Stock / Discount Rate

So this is= $4.00 per share / 0.08

= $50.00 per share. Price of the preferred stock

6 0
3 years ago
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