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torisob [31]
3 years ago
11

A TREC-approved form, the __________ presents a broker’s duties and obligations to a prospective client or customer. However, it

does not establish or disclose an agency relationship or the existence of an agency relationship between two parties.
Business
1 answer:
tamaranim1 [39]3 years ago
5 0

Answer:

Group of choices:

A. Information About Brokerage Services (IABS) statement

B. vacancy clause

C. Seller's Disclosure of Property Condition

D. Residential Real Property Affidavit

The correct answer is A. Information About Brokerage Services (IABS) statement .

Explanation:

The brokerage service starts from a commercial contract in which a person is in charge of putting a seller and buyer in contact, in order to make the sale of a real estate. Without this intervention, the purchase would not occur, and therefore it is considered a service that has a variable remuneration according to the value of the property, rates set in the contract, etc.

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JPR Company's preferred stock is currently selling for $28.00, and pays a perpetual annual dividend of $2.00 per share. Underwri
scoundrel [369]

Answer:

8%

Explanation:

Data provided in the question

Current selling price of the preferred stock = $28

Annual dividend = $2 per share

Flotation cost = $3 per share

Firm tax rate = 40%

So by considering the above information, the cost of new preferred stock is

= Annual dividend per share ÷ (Current selling price of the preferred stock - Flotation cost)

= $2 ÷ ($28 - $3)

= $2 ÷ $25

= 8%

We simply applied the above formula so that the cost of preferred stock could arrive

7 0
3 years ago
Denver Company, a calendar year corporation, had the following actual income before income tax expense and estimated effective a
lara [203]

Answer:

Denver Company

Income Tax Expense for the second quarter:

Pre-tax quarter income = $140,000

Estimated tax rate = 24%

Tax Expense = $140,000 x 24%

= $33,600

Explanation:

a) Data:

Quarter    income before tax        estimated tax rate

first                 $100k                          30%

second           $140k                          24%

b) Denver's quarter second income tax expense is the product of the pretax income for the second quarter and the estimated income tax rate for the quarter.  The resulting calculation shows the estimated income tax expense that has to be settled by Denver.  If it is not settled in the quarter second period, it has to be carried forward to the next quarter as a liability under the heading, Income Tax Payable.

7 0
3 years ago
Mary, the recruiter for Aurora Borealis Lighting Inc., decides to hire an individual who has the ability to learn on the job. Th
Dmitry_Shevchenko [17]

Answer:

D. Predictor

Explanation:

The predictor are behaviors that tends to be repeated by a person, when you analyze them it implies a possible repetition of an action in the future. In this case of a person who did not stay with his past employer more than two years and changes job frequently, will tend to be with the company for a short time and change job again

7 0
3 years ago
MC Qu. 22 Selected information from the accounting... Selected information from the accounting records of Dunn's Auto Dealers is
dlinn [17]

Answer:

($23,000)

Explanation:

Cash flow from Investing Activities

Purchase of furniture                                       ($ 8,000)

Proceeds from sale of Equipment                    $5,000

Investment in other companies                     ($20,000)

Net Cash used by  Investing Activities          ($23,000)

Notes :

Cash flow from Investing activities section of the cash flows statement shows the cash movement in acquisition of assets and sale of assets.

4 0
3 years ago
Presented below is information related to Concord Corporation: Common Stock, $1 par $3410000 Paid-in Capital in Excess of Par―Co
Pavlova-9 [17]

Answer:

$7,738,000

Explanation:

The computation of total stockholders' equity is shown below:-

= $3,410,000 + $560,000 + $2,090,000 + $388,000 + $1,440,000 - $150,000

= $7,888,000 - $150,000

= $7,738,000

Therefore for computing the total stockholders' equity we simply add all values except treasury stock and deduct the treasury stock.

5 0
3 years ago
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