Answer:
Everyone involved in the transaction
Explanation:
As an agent of the seller, the broker has a fiduciary duty with the seller (principal) to act of behalf of his/her best interest.
But the broker must also act honestly with the buyer, if the broker closes a deal using dishonest or unfair practices, e.g. forging documents, then the buyer might claim damages from both the broker and the seller.
And of course the broker should also make sure that his/her own rights are respected and his/her work is properly paid.
All the money you receive via Apple Cash is loaded onto a virtual card that exists within Wallet - Apple's app for storing credit cards, debit cards, loyalty cards, boarding passes, tickets, and more.
Answer:
1.5%
Explanation:
Reserves is the total amount of a bank's deposit that is not given out as loans
Required reserves is the percentage of deposits required of banks to keep as reserves by the central bank
Excess reserves is the difference between reserves and required reserves
Total increase in reserve = $15,000,000 + $1,800,000= $16,800,000
New excess reserve = total increase in reserve x initial reserve requirement) / initial excess reserve
($16,800,000 x 12.5%) / $15,000,000 = 14%
Increase in reserve requirement = 14% - 12.5% = 1.5%
Answer:
The correct answer is b. Adjusting revenues to only include organic revenue growth.
Explanation:
One of the quantitative planning techniques is the projection of financial statements or also called pro forma statements.
The applications that can be had among others are the following:
Know how the year will end for tax purposes in terms of income and deductions in order to make decisions before the end of the year.
Another application will be to know the external financing needs for the period you want to know.
The most common and practical method of projecting financial statements is based on sales.
