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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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ira [324]

Answer: c. legal but unethical

Explanation:

With John being in charge of the loan application when Albert came to apply, John had access to Albert's information.

John then used this information which he had LEGAL access to, to recommend a bank product to Albert.

This is legal but UNETHICAL because Albert did not know that any information he gave will be used for a reason different from his application for a loan.

4 0
3 years ago
A(n) ________ collects data from various key business processes and stores the data in a single comprehensive data repository, u
kotykmax [81]

Answer: Enterprise System.

Explanation:

An enterprise system is a software system used by an organization to gather information/data from different departments in the organization: The information gathered can be easily accessed or used by the different departments of the organization.

8 0
3 years ago
The Jones are a married couple and have always filed joint tax returns. On May 18, 2017, the couple was assessed with tax defici
Katena32 [7]

Answer:

c. May be able to avoid liability to the extent she had no reason to know of the deficiency (and did not have actual knowledge) when filing the return. The burden of proof will be on her.

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The doctrine of <em>innocent spouse relief</em> might apply here. Mrs. Jones will have to prove that:

  1. the income that was omitted was earned by her husband, not her.
  2. she must prove that when she signed the tax filings, she was not aware of the omission.
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8 0
3 years ago
Please help me with this I will give you brainiest if you help me correctly
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Answer:

niiggarrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr

Explanation:

5 0
3 years ago
Coache Corporation is considering a capital budgeting project that would require an investment of $120,000 in equipment with a 4
Kaylis [27]

Answer:

a. $44,000

Explanation:

The computation of the total cash flow net of income taxes in year 3 is shown below:

= Incremental sales - annual incremental cash operating expenses - one-time renovation expense - depreciation expense - income tax expense + depreciation expense

= $310,000 - $230,000 - $30,000 - $30,000 - $6,000 + $30,000

= $44,000

Since depreciation is a non-cash expense so it would be added back to the computation part

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= ($120,000 - $0) ÷ (4 years)

= ($120,000) ÷ (4 years)  

= $30,000

And, the income tax expense would be

= (Incremental sales - annual incremental cash operating expenses - one-time renovation expense - depreciation expense) × tax rate

= ($310,000 - $230,000 - $30,000 - $30,000) × 30%

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6 0
3 years ago
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