1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Fudgin [204]
3 years ago
10

Karen made a commission of $3522.75 on the sale of a property. Splitter commission clear with her broker which is 50% to the bro

ker and 50% Karen. Broker took 55% of the total commission on a 7% commission rate. What was the sale price of the property?
Business
1 answer:
Mademuasel [1]3 years ago
4 0

<u>Answer:</u>

<em>$50,325 is the sale price of the property</em>

<u>Explanation:</u>

Karen made a commission of $3522.75 on the sale of a property. Splitter commission clear with her broker which is 50% to the broker and 50% Karen. Broker took 55% of the total commission on a 7% commission rate.

So not considering the commission for a while if we divide commission by the commission rate we will get the sale price.

                                    $3522.75/0.07= $50,325.

You might be interested in
Accounting is the information system that A. measures business activity. B. communicates the results to decision makers. C. proc
Bezzdna [24]

Answer:

All of the above

Explanation:

Accounting is usually a computer-based method which helps to take care of certain business activities. Accounting is a crucial sector of any business and one slight wrong move can change the complete outlook of a business. Accounting is an information system that helps to process information into numbers. Likewise, it helps to understand how the business is moving and it shows the results of a business decision.

4 0
3 years ago
Item Hare’s Net Book Value on the Date of Sale List Price of Same Item If New Appraiser’s Estimate of Fair Value Punch press $ 1
Zinaida [17]

Answer:

  • Punch Press - $12,502
  • Lathe - $3,908.52
  • Welder - $2,344.36

Explanation:

Cost will be allocated based on proportion of total Appraiser's estimate of fair value.

Total Appraisal Estimate = 16,000 + 5000 + 3,050

= $24,050

Total Purchase Price = Purchase price + Installation cost

=17,000 + 1,800

=$18,800

Punch Press

Punch Press proportion = \frac{16,000}{24,050} * 100

= 66.5%

Punch Press Cost = 66.5% * 18,800

= $12,502

Lathe

Lathe proportion = \frac{5,000}{24,050} * 100

= 20.79%

Punch Press Cost = 20.79% * 18,800

= $3,908.52

Welder

Welder proportion = \frac{3,000}{24,050} * 100

= 12.47%

Punch Press Cost = 12.47% * 18,800

= $2,344.36

Note; There are multiple variants of this question so be sure to check the figures to ensure it is the right one.

7 0
3 years ago
Explain one guideline that will help a speaker use or create an effective presentational aid. Provide examples.
Karolina [17]
You should never read directly from the presentation aid. You should only look and use it when it’s relevant so it shows yk what you are doing and you aren’t just reading it. You should use a font that’s clear and easy to read. You should also use the same font on all your slides. Example: visual aids such as graphs, maps and diagrams.
6 0
3 years ago
How does competition in a free-market system effect the game of economics?
frez [133]
A free market is where the prices of good ands service are detirmined by the open market and consumers, in which the laws and forces of supply and demand are controlled by government or any other authority.
8 0
3 years ago
How can networking with friends colleagues or members of an organization helping to get to where you want to be
storchak [24]
It gives you a map so that you can find where u are going
3 0
3 years ago
Other questions:
  • Long before a single vote is cast, candidates are hard at work weighing the costs and benefits of running for office. As a part
    9·1 answer
  • Taft Company had no beginning work in process inventory. Its total manufacturing costs for the year were $858,000. If cost of go
    12·1 answer
  • Along with four other owners of small retail stores, Scott was invited to participate in a(n) ______________ where the researche
    14·1 answer
  • Which of the following tools is an example of monetary policy?
    8·2 answers
  • Under the fair labor standards act, eligible employees may take up to twelve weeks of leave within a twelve-month period to care
    14·1 answer
  • Factory overhead includes:_________.a. direct materials unansweredb. direct laborun answeredc. indirect labor unansweredd. depre
    12·1 answer
  • What's the best definition of financial literacy? A. The ability to find, evaluate, utilize, share, and create financial content
    15·1 answer
  • You have obtained a sub-sample of 1744 individuals from the Current Population Survey (CPS) and are interested in the relationsh
    15·1 answer
  • a. Jamie purchases a washer and dryer from McKinney Appliances. She applies for the instore credit card. The application contain
    9·2 answers
  • What is a secured credit card and how does it work.
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!