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madreJ [45]
3 years ago
8

A seller's costs are a $14,700 commission, $3,150 in excise tax, $650 for a buyer's policy of title insurance, $250 in escrow fe

es, and a $126,000 loan payoff. The seller will receive a $210,000 purchase price and a $1,050 refund on property taxes paid in advance. How much are the seller's proceeds?
Business
1 answer:
Ksivusya [100]3 years ago
5 0

Answer:

Seller's proceeds = $66,300

Explanation:

Given:

Seller's costs = $14,700

Commission = $3,150

Excise tax = $650

Escrow fees = $250

Loan payoff = $126,000

Purchase price receive = $210,000

Refund on property taxes paid in advance = $1,050

Computation of seller's proceeds:

Seller's proceeds = (Purchase price receive + Refund on property taxes paid in advance) -  (Seller's costs + Commission + Excise tax + Escrow fees + Loan payoff)

Seller's proceeds = ($210,000 + $1,050) - ($14,700 + $3,150 + $650 + $250 + $126,000)

Seller's proceeds = ($211,050) - ($144,750)

Seller's proceeds = $66,300

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Explanation:

The following are my SMART goals:-

Specific

1. I want to be physically fit within 6 months on order to be able to run a marathon in less than 3 hours.

2. I want to become a manager in my current organization from my current position as an assistant manager within the next 3 years in order to be able lead a team.

3. I want to be a lovable dad to my daughter in the next 3 months so that I can spend more quality time with her.

4. I want to become an amazing husband to my wife by spending more quality time with her and also taking her on vacations in the next 6 months.

Measurable

1. I would start my training from next week. Initially I would run 3 to 5 kilometers with walk breaks.

2. I would talk to my boss next week to ask for more responsibilities and also to ask him to let me know what is required to get promoted.

3. I would start leaving office early by being more efficient and effective in the office. I will also take my daughter on walks and play with her for 1 hour daily.

4. I would come back from office early and spend time with my wife.

Attainable

1. I will talk to other marathoners to know whether my goal is attainable and will also research about it.

2. I will talk to my colleagues whom are managers about what they did to get promoted.

3. I will talk to other dads to know whether my goal is attainable.

4. I will talk to other husbands that are successful.

Realistic

When I start measuring my progress weekly and getting a feedback from people whom I admire, then I would know how realistic my goals are.

Timely

I have given a time frame for the attainment of all these goals which is very vital.

For implementing these goals, I m going to use the Plan-Do-Act-Dare cycle.

Since my objective is to become a well rounded person in my personal and also my professional life, the above steps will surely help me in becoming that person.

The strategy diamond will consist of:-

1. Arenas- Professional and Personal

2. Vehicles- Focus and hard work

3. Differentiation- Being different and unique from others.

4. Staging- Speed of initiatives

Also, there should be an economic logic binding this.

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3 years ago
4. The Mexican peso has weakened considerably relative to the dollar, and you are trying to decide whether this is a good time t
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The forecast exchange rate in one's year time according to Goldman Sachs is MXN 14.25/USD

Explanation:

The fact that the Mexican Peso will lose 15% of its value to the dollar means that a dollar will command 15% of the current Peso value  in  a year's time.

Mathematically, MXN 9.5*1.15= MXN14.25 in a year's time.

It also implies that a Mexican with dollars wanting to convert into MXN in a year's time will receive more Peso compared to now.

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3 years ago
Xbox video game consoles were developed through a joint venture between Microsoft and the WWE (World Wrestling Entertainment). P
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Answer:

The Implementation Phase

Explanation:

A marketing plan refers to a a future course of action relating to marketing tactics a firm is planning to employ and specifies the goals and objectives which are to be achieved. It provides direction and guides marketing efforts in a single direction i.e towards attainment of marketing objectives.

A strategic marketing plan is an in-depth marketing plan which specifies the long term marketing strategies, the markets in which the firm shall compete, the target customers and the means to attain marketing goals.

Such a plan incorporates the following phases:

  1. Analysis : It means situational analyses and assessing organizational strengths and weaknesses and matching them with environmental threats and opportunities.
  2. Planning: This involves conducting marketing research and product testing and also planning for the price, promotion and distribution of products.
  3. Implementation: It refers to putting the plans into action and placing the products in the market based upon the distribution channel and markets planned for in previous stages.
  4. Control: This refers to analyzing sales, profit margins and customer satisfaction. Measuring the deviations against figures as anticipated and making necessary modifications in the marketing strategy accordingly.

In the given case, the video game company had planned well w.r.t it's joint venture and strategy but failed to implement it effectively. This points to the company failing at the implementation phase of the strategic marketing process.

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The company increases their expenses with a motive to earn high income and wants to hide it by this method

So in the given case, the same method is applied

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