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Maru [420]
3 years ago
15

At an open house the listing agent begins giving advice to a prospective buyer regarding how much to offer for the house, withou

t explaining that she is a representative of the sellers. Which of the following statements is NOT true?
a. the agent is not acting in accordance with her agency status
b. the agent is acting as an undisclosed dual agent
c. the agent has breached fiduciary duties to both parties
d. the agent has not violated any duties, because she is not performing real estate services for the buyers
Business
1 answer:
lukranit [14]3 years ago
5 0

Answer:

d. The agent has not violated any duties, because she is not performing real estate services for the buyers

Explanation:

Here, at the open house, the agent, without proper introduction and without explaining that she represents the seller, started giving advice to a prospective buyer regarding the amount to offer for the house. By offering advice to the buyer and not disclosing who she represents, the agent is now acting as an undisclosed dual agent, also she has breached the loyalty duties to both parties. The agent is also not acting in accordance with her agency status.

Therefore the incorrect option is option D.) The agent has not violated any duties, because she is not performing real estate services for the buyers

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Answer:

                                         Unit cost

                                                $

Variable costing                    18

Absorption costing               26.5

Explanation:

<em>Variable costing values every unit produced at the marginal cost</em>. Marginal cost is the sum of direct material, direct labor and variable overhead.

Marginal cost = 7.50 + 10.50 =$18

<em>Absorption costing values every unit at full cost</em>. Full cost is the sum of marginal and fixed overhead cost per unit,

Fixed overhead cost per unit =  $297,500/35,000=8.5

Full cost = 7.50 + 10.50 + 8.50= $26.5

                                     Unit cost

                                                $

Variable costing                    18

Absorption costing               26.5

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3 0
2 years ago
Decision makers and analysts look deeply into profitability ratios to identify trends in a company’s profitability. Profitabilit
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Answer:

  • If a company has a profit margin of 10%, it means that the company earned a net income of $0.10 for each dollar of sales.  A 10% PROFIT MARGIN MEANS THAT THE COMPANY EARNED 10 CENTS FOR EVERY DOLLAR OF REVENUE.
  • If a company's operating margin increases but its profit margin decreases, it could mean that the company paid more in interest or taxes.  OPERATING PROFIT = GROSS PROFIT - FIXED COSTS, NET PROFIT = OPERATING PROFIT - (INTERESTS AND TAXES). IF TAXES OR INTERESTS INCREASE, NET PROFITS DECREASE

Explanation:

there are several profitability ratios, the most important ones are:

  1. profit margin = net profit / total revenue
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Answer:

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The answer is a I believe I'm not really sure
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