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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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Government's unfunded liabilities: a. result in more efficient policies in an attempt to satisfy these liabilities. b. result fr
Misha Larkins [42]

Answer:

The correct answer is B. result from the political bias toward immediate benefits and deferred costs.

Explanation:

While many people run hysterically on the streets begging politicians to act in the face of the threat of climate change, many people, young and old, may be demanding the same type of action, but to fix the unfunded passive systems.

By extending eligibility and increasing the benefits of a pay-per-use system while at the same time having fewer children to finance it, previous generations have left a fearsome financial obligation. Either taxes will increase dramatically for tomorrow's workers, lowering their standard of living, or benefits will fall for tomorrow's retirees, lowering their standard of living. A group will feel very angry.

These problems were anticipated even when politicians were raising payments, but each elected government simply kicked the can and allowed things to continue as usual.

 Social security systems and pension funds are actuarially not funded systems. There is no obligation for this generation to have children at the same rate as previous generations. Therefore, when those born in the 1950s reach retirement age in the next century, their stipends will feel more like a burden due to the ranks of non-active members of society that will depend on their contributions to live.

5 0
4 years ago
1. Given the nominal interest rate of 17​% and the expected inflation of 13​%, then the value of the real interest rate is ___ ?
Veronika [31]

Answer:

According to fisher equation

(1+nominal Interest rate)=(1+real interest rate)(1+inflation)

1) So 1.17=(1+R)(1.13)

1+R=1.17/1.13

R=1.035-1

R=0.0353

Real interest rate = 3.53 percent

2) (1+NIR)= 1.03*1.04

  1+ NIR= 1.072

NIR= 0.072

Nominal interest rate = 7.2 percent

A lender prefers a higher real interest rate as he will earn more money on the amount he has lend if the real interest rate is higher.

A borrower will prefer a lower real interest rate as he will have to pay lower interest payments on an amount if the real interest rate is lower.

Explanation:

6 0
3 years ago
Given :
KIM [24]

Answer:  

Direct Method

          Operting Activities

$1,390 Cash Collected from Services

-$7,864 Cash to rent Equipment

-$0,864 Cash to repair facilities

$24,285  Collected from customers  

        Financing Activities

-$0,150  Repaid Long Term  

$16,797  Net Cash  

Explanation:

These others activities are not included because doesn't inclulde movements of cash.

(2) Purchased new equipment costing $3,434; signed a long-term note.

8 0
3 years ago
During which phase of the communication process is it most likely that the entire communication process may repeat? A: feedback
Alexandra [31]
The correct option is A.
Feedback refers to the receiver's response to the message he has received. The receiver may have to write the response down and send it to the sender who read it and interpret the message; thus repeating the whole process of communication again.
8 0
3 years ago
Grossman lumber reported $102,000 net cash provided by its operating activities. if the company invests $4,000 in capital expend
sweet [91]

FCF is a measure of how much cash a business generates from operations, net of capital expenditures, which it can use for various purposes, such as reducing debt or paying out dividends. When calculating FCF, we take Cash provided by operating activities and subtract any capital expenditures. Grossman Lumber generated $102,000 in cash from operations, and invested 4,000 in capital expenditures, so its FCF is 102,000-4,000= $98,000. We are not concerned with dividends because dividends are not a capital expenditure. 

6 0
3 years ago
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