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d1i1m1o1n [39]
3 years ago
8

Stephanie is a real estate salesperson employed by Pacific Coast Properties. She sells a home listed by another broker, Island V

iew Realty. After escrow was opened, but before closing, she asks the Island View broker for a $1,000 advance against her commission. What happens if the Island View broker agrees?
Business
1 answer:
deff fn [24]3 years ago
3 0

Answer:

It will be a violation of real estate law

Explanation:

Based on the information provided within the question it can be said that the if the Island View Broker agrees It will be a violation of real estate law. This is because until a deal is completely closed the deal can change and not go through. Some states and brokers allow this but will provide a discounted commission.

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The following selected transactions were completed by Silverado Delivery Service during February:1. Received cash from owner as
vfiekz [6]

Answer:

Explanation:

1. Received cash from the owner as additional investment, $25,000. - C  

As both sides of the balance sheet would be increased i.e the cash and the owner equity.  

2. Purchased supplies for cash, $750. - A

As supplies are purchased for cash which increases the supplies balance and decreases the cash balance on the other side.

3. Paid rent for February, $3,000. - E

In this transaction, the cash balance is decreased and equity balance is also decreased

4. Paid advertising expense, $1,500 - E

In this transaction, the cash balance is decreased and equity balance is also decreased

5. Received cash for providing delivery services, $16,800. - C

In this transaction, the cash balance is increased and equity balance is also increased

6. Billed customers for delivery services on account, $32,500 - C

In this transaction, the cash balance is increased and equity balance is also increased

7. Paid creditors on account, $1,400 - D

In this transaction, the cash balance is decreased and creditors balance is also decreased

8. Received cash from customers on account, $23,770. - A

In this transaction, the cash balance is increased and account receivable balance is decreased

9. Determined that the cost of supplies on hand was $275 and $475 of supplies had been used during the month. - E

In this transaction, the supplies balance is decreased and equity balance is also decreased (supplies expense)

10. Paid cash to the owner for personal use, $5,000 - E

In this transaction, the cash balance is decreased and equity balance is also decreased (owner capital)

3 0
3 years ago
. Define corporate-level strategy. What are the different levels of diversification firms
dsp73

Answer:

Tipos de diversificación empresarial

Explanation:

°Inversión propia. Constituye la fórmula de diversificación más seguida, puesto que supone echar mano de los recursos propios a la hora de intentar conquistar nuevos espacios productivos y clientes.

°Adquisición total o parcial de una empresa.

°Diversificación relacionada.

°Diversificación no relacionada.

8 0
3 years ago
This year Samantha gave each of her three nephews birthday gifts of $10,000 in cash. At Christmas, Samantha gave each of her thr
lidiya [134]

Answer:

The amount of the taxable gifts made by Samantha this year is 3,000

Explanation:

Because Samantha gave 16,000 dollars in total while the tax exemption is 15,000 per person.

So the tax gift is triggered

The taxable gifts are 1,000 per nephews. For a total of 3,000

3 0
3 years ago
Abby's Designer Wear is a large boutique of designer clothes. Over the past year, the business slowed down, and the boutique sta
Luden [163]

Answer:

<em>Participative leadership</em>

Explanation:

Participatory leadership is an organizational aesthetic that encourages employee input into all or most business decisions.

Employees are given relevant information about company issues, as well as the course of action the company will take is determined by a majority vote.

5 0
3 years ago
The process by which management plans, evaluates, and controls investments in fixed assets is called capital investment analysis
rjkz [21]

Answer:

a. True

Explanation:

The process by which management plans, evaluates, and controls investments in fixed assets is called capital investment analysis. This process is also known as capital budgeting.

Generally, capital investment analysis or capital budgeting is used by business firms or governmental agencies to assess and measure the profitability of a long-term investment on a fixed asset such as real estate, machinery or factory equipments etc.

Hence, the management is able to choose the best option for investment after an assessment of which investment would yield a higher level of profits.

8 0
3 years ago
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