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Ainat [17]
3 years ago
6

Jonathan recently sold his home and was able to take home $423,000 after paying the real estate broker's commission of 6%. If th

e buyer was ultimately found through a buyer broker, the dollar commission will need to be split between the listing broker and buyer broker. If the buyer broker is entitled to 40% of the commission, what is her share of the commission rounded to the nearest dollar?
Business
1 answer:
nordsb [41]3 years ago
7 0

Answer:

$10,800

Explanation:

What Jonathan took home was after paying the commission which means that the amount is 94% because 6% is the commission paid. This means that 6% of the amount can be found by:

6% of the Gross amount (per-commission)

= Amount * %age we want / %age we are at = ($423000 * 6%/94%) = $27,000

And out of this $27000 the amount she received is 40% so 40 percent is $10,800 ($27000 * 40%).

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alexandr402 [8]

Interface

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Cytokinesis

6 0
3 years ago
Read 2 more answers
Brown Fashions Inc.'s December 31, 2018 balance sheet showed total common equity of $4,050,000 and 265,000 shares of stock outst
PIT_PIT [208]

Answer: $16.60

Explanation:

The following information can be gotten from the question:

Total common equity = $4,050,000 Shares of stock outstanding = 265,000

Net Income = $450,000

Dividends = $100,000

Based on the information given, the book value per share will be calculated as:

(Total common equity + Net income - Dividends) / Outstanding shares

= ($4,050,000 + $450,000 - $100,000) / 265,000

= $4,400,000 / 265,000

= $16.60

6 0
3 years ago
Has the company you’re auditing recently increased or decreased their operations due to mergers or sales of parts of the busines
stealth61 [152]

Answer:The answer is increased their operations, the business is a conglomerate, The operating supplies is subject to wild pricing swing, operation of the business in dangerous part of the world reduces the profit.

Explanation:

Merger is the joining of two or more independent company's into one bigger and United company. The procedures for merger involved the adoption of the resolution of a merger by the board of directors of the two companies, the resolution will set out the new name to be adopted, the terms and conditions of the merger. It also includes the method of converting securities, the plan must be adopted by the two- third majority of the shareholders of both firms. Then all necessary documents will then be submitted to the registrar of company, the registrar of company will then issue a certificate of merger it then that the merger comes into existence. The merger of two companies ensures the raising of enough capital for business. It also ensures the reduction of competition between rivals,it also gives the business the opportunity to compete favourably with other well established firms. It may also ensures the diversification of their range of products and ensures the efficiency of the business.

A merger can be a conglomerate merger, a conglomerate is a merger between two or more different companies under a common ownership and runs as a single organization. The business may be doing a business which are not related before the merger and they may be operating in a different industries or in a different geographical locations.

A price swing is a rise and fall in the sum or amount of money at which a product is valued in the market. The price of a product such as operating supplies may be moving forward or backward in the market which may affect the supply of such a product. The price of a product in the market is determined by the market mechanism which is the force interplay of both demand and supply.

Oversea operation is the expansion of the business to other parts of the world with a view to gain a market share of the market and improve on the profitability of the business. When a company is operating in the dangerous parts of the world such as a country where there is terrorist activities or where there is civil war, it affects their operations and has a great effect on the company's investment in such countries such a company may be forced to close their operations in such a war ravage countries which will affect the profit of the company. It often leads to the reduction in the company's profits when the final account of the company's is prepared.

5 0
4 years ago
Three Square Market, a Wisconsin-based tech firm, made headlines after they offered implantable microchips to its employees. The
IceJOKER [234]

Answer:

True.

Explanation:

Although the implantation of microchips in humans is a great technological advance that is gradually being added to our society, this technology raises many concerns that are the main causes of rejection of this technology.

Many people reject the placement of bio microchips for religious reasons, but in addition, there is no type of legislation that regulates these processes which can result in abuse, invasion of privacy and other illegal issues. Finally, many people complain about the lack of information about the physical, chemical and biological consequences that a body with microchips can have.

3 0
3 years ago
5. Keisha is renting a one-bedroom apartment but allows her best friend to
Assoli18 [71]

The renter insurance policy will cover:

  • Keisha’s laptop and TV
  • 10% of the cost of her friend’s laptop and headphones

<h3>What is a renters insurance?</h3>

This is an insurance policy that covers losses to personal property and protects the insured from liability claim.

Hence, these insurance policy will provide for compensation for Keisha because she is the property owner and partial (i.e. 10%) coverage for loss of visitors property/

In conclusion, the renter insurance policy will cover Keisha’s laptop and TV and 10% of the cost of her friend’s laptop and headphones

Note: The renters insurance is effected.

Read more about renters insurance

<em>brainly.com/question/26159044</em>

3 0
2 years ago
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