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
-Dominant- [34]
3 years ago
10

The Brights are buying a home from the Stones. They are splitting the escrow service fees 50-50. Do they live in Northern or Sou

thern California?
Business
1 answer:
aliya0001 [1]3 years ago
6 0

They live in Southern California.

In Northern California the buyer usually pays the escrow service fees.

Explanation:

As a rule, escrow services price between 1 and 2 percent of a house price for property transactions. In certain cases, the escrow fees may be calculated at $2 per mil of buy price plus $250, depending on the firm.

Similarly, who ends up paying the insurance in California varies depending on the county in which your property is located. The buyer occasionally pays, the vendor sometimes pays. This can be divided 50/50 in other instances. The policy applies to the buyer, how often the retailer pays for it or not.

Sellers have to pay the documents transfer tax at the closing of the escrow in Northern California. The payment is valued at $1.10 per selling price of 1000 dollars. The seller's side of the escrow also includes recording charges, liability, and appraisals.

You might be interested in
A situation in which the design or operation of a control does not allow management or employees, in the normal course of perfor
Helen [10]

Answer: (A) Control deficiency

Explanation:

 The control deficiency is the type of situation in which the operation and the designing of the control are not allowing the management and an employee performing the various type of assigned function.

The control deficiency process occur when the person are involving with the authority in the transaction cycle.

This situation is usually occur in an larger type of an organization. The deficiency may be on the financial report that control internally.  

Therefore, Option (A) is correct.

3 0
3 years ago
Capitalizing goodwill only when it is purchased in an arm's-length transaction, and not capitalizing any goodwill generated inte
stiv31 [10]

Answer:

The correct answer is (C)

Explanation:

They are the two crucial characteristics that are general used to make accounting data more useful to make long-term decisions. To be exact, faithful representation helps to attain the relevant data for the company and this quality enhances the reliability of financial data. Completeness, fairness and free of error these three characteristic are a part of faithful representation of data.

7 0
3 years ago
Maize Company incurs a cost of $34 per unit, of which $21 is variable, to make a product that normally sells for $59. A foreign
meriva

Answer:

A.$42,700 increase

B. Yes

Explanation:

A.

Selling price unit $30

Variable cost unit ( 21)

Logo ( 2)

Contribution margin unit $ 7 x 6,100 units = $42,700 increase

Therefore the increase in net income Maize will realize by accepting the special order, assuming Maize has sufficient excess operating capacity is $42,700

(b) Should Maize Company accept the special order?

YES. Maize company should accept the special order.

3 0
3 years ago
How much will we end up buying?
makvit [3.9K]
I think its 500 cause yes
4 0
3 years ago
This text appears and a Canamak's page of the local newspaper.One of the sentences is incorrect. Which corrected sentence would
Mama L [17]
Answer: option C.

It corrects the error in the original because when business seek to reduce cost  cut positions not the contrary. The employment goes down which is the same that unemployment goes up.
8 0
3 years ago
Other questions:
  • Based on an annual disposable income of $40,000, calculate the average amount o money a person would save in japan; in the unite
    11·1 answer
  • Allegheny Company ended Year 1 with balances in Accounts Receivable and Allowance for Doubtful Accounts of $68,000 and $3450, re
    7·1 answer
  • Tinder, the mobile dating app, is competing for market share with Match among college students. In its promotional messages, Tin
    8·1 answer
  • 40 points Write a short note discussing how social factors affect economic and political systems
    14·1 answer
  • Bubba is a shrimp fisherman who could earn $5,000 as a fishing tour guide. Instead, he is a full-time shrimp fisherman. In calcu
    12·1 answer
  • Why can you win a presidential election without winning the most individual votes?
    13·2 answers
  • $1,000 par value bond pays interest of $35 each quarter and will mature in 10 years. If your nominal annual required rate of ret
    14·1 answer
  • How LinkedIn’s weekly invite limits are affecting marketers?
    15·1 answer
  • 5. How long is a permanently disabled worker allowed to receive disability income?​
    15·1 answer
  • Which level of quality of information would eventually exist in the market for lemons assuming there was no way to gain assuranc
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!