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posledela
3 years ago
15

Pat, the buyer's agent, was told by the prospective buyer to present an offer of $150,000 with the promise that he would increas

e it to $152,000 if the seller rejected $150,000. Pat must
a. Present the offer and disclose the promise to increase the offer
b. Keep the confidence of his buyer while presenting the $150,000 offer
c. Refuse to present the offer
d. Tell her broker of the verbal part of the offer
Business
1 answer:
vichka [17]3 years ago
4 0

Answer:

B

Explanation:

The prospective buyer assured Pat he would increase the offer to $152,000 if the seller rejected $150,000

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Red Co. acquired 100% of Green, Inc. on January 1, 2017. On that date, Green had land with a book value of $42,000 and a fair va
Sergeeva-Olga [200]

Answer:

$5,000

Explanation:

The computation of total amount of excess fair over book value amortization expense adjustments to be recognized by red is shown below:-

Excess of fair value over book value =  Land fair value - Land book value

= $52,000 -$42,000

= -$10,000

Here land is not amortized

Excess of fair value over book value = Building fair value - Building book value

= $390,000 - $200,000

= $190,000

Excess fair value over book value amortization expense adjustments to be recognized by red = Excess of fair value over book value of building ÷ Number of Years

= $190,000 ÷ 10

= $19,000

Excess of fair value over book value = Equipment fair value - Equipment book value

= $280,000 - $350,000

= ($70,000)

Excess fair value over book value amortization expense adjustments to be recognized by red for equipment = Excess of fair value over book value of equipment ÷ Number of Years

= ($70,000) ÷ 5

= ($14,000)

Total amount of excess fair over book value amortization expense adjustments to be recognized by red

= $19,000 - $14,000

= $5,000

7 0
3 years ago
An individual has $32,000 invested in a stock with a beta of 1.1 and another $48,000 invested in a stock with a beta of 1.3 If t
blagie [28]

Answer:

The beta of the portfolio is 1.22

Explanation:

In calculating the beta of the whole portfolio, we can calculate the weighted average beta of each stock .The sum of all weighted betas give the beta of the entire portfolio.

Beta of portfolio=amounted in first stock/entire amount invested*beta of the first+amount invested in second stock/entire amount invested *beta of the second stock

Beta of portfolio=($32000/($32000+$42000))*1.1+($48000/($32000+$48000))*1.3

Beta of portfolio=1.22

4 0
3 years ago
Ivanhoe provides environmentally friendly lawn services for homeowners. Its operating costs are as follows. Depreciation $1,500
Sonbull [250]

Answer:

Explanation:

To start with, we need to get the value for total fixed cost and total variable cost

Total fixed costs = Depreciation + Advertising + Insurance

= $1,500 + $350 + $2,770

= $4,620

Total variable costs per unit = Weed and feed materials + Direct labor + Lawn Fuel

= $17 + $9 + $2

= $28 per lawn

We also need to compute the contribution margin ratio

= Sales per unit - Variable cost per unit / Sales per unit

= (70 - 28) / 70

= 0.6

= 60%

Therefore;

1. Break even sales

5 0
3 years ago
________ was the first secure payment intermediary allowing anyone to pay with credit cards and bank accounts without sharing hi
Sauron [17]

Papal was the first secure payment intermediary allowing anyone to pay with credit cards and bank accounts without sharing his or her financial information for online purchases.

A bank is a financial institution that has the authority to accept deposits and make loans. There are different types of banks such as retail banks, commercial banks, and investment banks.

The function of banks is to collect deposits from the public and lend them for the development of agriculture, industry, commerce, and commerce. Banks pay interest to depositors at lower interest rates and receive interest on loans at higher interest rates.

Learn more about bank here:brainly.com/question/14368059
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7 0
1 year ago
Suppose that the U.S. government decides to charge wine consumers a tax. Before the tax, 50,000 bottles of wine were sold every
grigory [225]

Answer:

$4

$1 and $3

False

Explanation:

As per the data given in the question,

a)

Amount of tax for each bottle is $4 because the sellers are receiving $2 and buyers are paying $6. Therefore,

Amount of the tax on a bottle of wine is $6 - $2 = $4

b)

Burden on the consumer = $6 - $5

= $1

Burden on the seller = $4 - $1

= $3

c)

False, because the tax incidence depends on the flexibility or elasticity  of market.

6 0
3 years ago
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