Answer:
The selling sales associate received $2,700
Explanation:
The final number was 180 thousand dollars. Then the MLS chared 5% of the total sale. Thus, 9 thousand dollars is the commission. Now, the commission was divided again and the sales associate received 50% of the listing office's commission. So those 9000 are divided in 2 and we get 4500 which then are divided and the selling sales associate receives the 60% of that amount or 2700 dollars.
Answer:
Because this transaction MEET the control of the corporation requirement, Janice has income of $0 and Thom has income of $
Explanation:
Based on the information we were told that Thom provide service that is worth $40,000 which means that the amount of $40,000 is Thom income but we were not told that Janice has an income, which means that Janice will have an income of $0.
Hence, Because this transaction MEET the control of the corporation requirement, Janice has income of $0 and Thom has income of $
40,000.
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Answer:
The quoted price of the bond is $1,748.41
Explanation:
The quoted price of the bond can be computed using the pv formula in excel which is given below:
=-pv(rate,nper,pmt,fv)
The rate is semiannual yield to maturity since the bond pay interest semiannually,which is 6.9%/2=3.45%
nper is the number of coupon interests the bond would pay over its entire bond life which is 24 years multiplied 2 i.e 48
pmt is the coupon interest payable semiannually which is $2000*5.82%/2=$58.20
The fv is the face value of the bond at $2000
=-pv(3.45%,48,58.20,2000)=$ 1,748.41
The bond quoted price is currently $ 1,748.41
The example of tax fraud is Aggressively taking advantage of legal tax minimisation strategies hence option D is the Answer
<h3>What is Tax Fraud?</h3>
Tax fraud can be defined as a situation whereby an individual or a company take advantage of the tax system with the intention of paying lower amount of tax.
Most of the time, it occurs amongst the middle income earners.
Learn more about Tax fraud here:
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