Answer:
$1,312.50
Explanation:
Calculation for How much was the referring agent paid
First step is to find the buyer agent amount by using the buyer's agent percentage to multiply the buyer purchased amount of the home
Using this formula
Buyer agent amount =Buyer's agent percentage× Home purchased amount
Let plug in the formula
Buyer agent amount=1.5%×$350,000
Buyer agent amount=$5,250
The last step is to find How much was the referring agent paid
Using this formula
Amount referring agent paid =Buyer agent amount× Percentage of buyer side commission
Let plug in the formula
Amount referring agent paid=$5,250×25%
Amount referring agent paid=$1,312.50
Therefore the amount that the referring agent paid will be $1,312.50
Answer: ER(P) = Rf + β(Rm-Rf)
6 = 5 + β(17-5)
6 = 5 + β(12 )
6 - 5 = 12β
1 = 12β
β = 1/12
β = 0.083
Explanation: In determining the Beta of the stock, we need to apply capital asset pricing formula and then make Beta the subject of the formula. Other variables will be substituted with the exception of Beta, which becomes the subject of the formula.
Divide 50,000 by 12 to get 4,166.67
Answer:
decrease
Explanation:
Break-even point is use to determine the minimum number of units a company needs to sell in order to fully cover the fixed costs. The formula for break-even point is ;
Break- even point = Fixed cost/ (Selling price - Variable cost)
When fixed cost(FC) is decreased while variable cost (VC) and selling price is kept at the same level, the numerator will be smaller making the break- even point to decrease.
