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LekaFEV [45]
3 years ago
12

A real estate salesperson finds a buyer to a For Sale By Owner property. The home sells for $245,000, and the seller agrees to p

ay a commission of 3%. The salesperson is on a 65% commission schedule with her broker, who pays her 65% minus office expenses of $500. How much will the salesperson receive from this transaction?
Business
1 answer:
lubasha [3.4K]3 years ago
4 0

Answer:

$4,277.5

Explanation:

Given:

Selling cost of the house = $245,000

Percentage of commission = 3%

Amount of commission = 0.03 × $245,000 = $7,350

Now,

The salesperson is on a 65% commission schedule with her broker

This means that the salesperson will get only 65% of the amount of commission

thus,

Commission to paid = 0.65 × $7,350 = $4,777.5

The final amount received = Commission - office expenses

or

The final amount received = $4,777.5 - $500 = $4,277.5

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Leslie Manufacturing reported the following:Revenue $450,000Beginning inventory of direct materials, January 1, 2015 20,000Purch
Bogdan [553]

Answer:

$109,000

Explanation:

The accounting equation for the cost of goods sold

COGS = opening finished good + purchases - Closing finished goods

In a manufacturing firm, purchases are also referred to as manufacturing costs.

For Leslie manufacturing:

beginning finished inventory =$40,000

costs of goods manufactured = $ 144,000

Ending finished inventory = $ 45,000

cost of  manufacturing for the period:

=$40,000 +$114,000- $45,000

=$109,000

5 0
3 years ago
Joel borrows his brother's boat for the month of June, as he has done for the past few years. In the past, Joel has fixed anythi
baherus [9]

Answer:

The correct answer is the option D: Yes, if the old steering wheel would have damaged the boat.

Explanation:

To begin with, in the case presented Joel's brother seems to be quite pleasent with the fact that Joel is repairing the boat once year so that means that he does not need to take the boat in for regular maintenance so therefore that he saves money due to the work done by Joel. That is the reason why if the steering wheel would have damaged the boat if it was not replaced then the cost that Joel's brother would have paid in order to repair all the damaged done by the wheel would have been much greater than just the cost of the steering wheel itself. Moreover, it is quite understood that they both had a tacit agreement that has been there for many years so therefore that Joel's brother must pay him otherwise, plus if the new wheel improves the value of the boat as well.

7 0
3 years ago
Caroline is assessing market growth, market competitiveness, and market access for each segment she has identified. Caroline is
Oksi-84 [34.3K]

Answer: profitability

Explanation: profitability measures the return made from one's investment in a particular business or endeavor. The gain or yield accrued will differ from one investment or market segment to the other. In the scenario described above, Caroline has identified some potential markets which she is probably looking forward to dive into. However, studying the profitability of each market segment is essential and can be determined based on factors such the rate or speed at which the market is growing as this will determine the demand, how competitive the market is as competitiveness plays a role in an investors level of preparedness and the market access. Other factors to determine profitability may include ; government regulation, seasonality of product and so on.

3 0
3 years ago
people on here are tr0lling so I'm giving fr33 points to people who have been tr0lled, have a nice day. :)​
eimsori [14]

Answer:

thx

Explanation:

4 0
3 years ago
Read 2 more answers
Beth was interviewing candidates for a sales position in her department after her last two sales consultants left the position b
mr_godi [17]

Answers: selective perception

Explanation: Beth's decision to hire only male sales consultants was as a result of the experiences she had with her previous female consultants. She believes male consultants are less likely to leave due to family issues that requires sorting out, or at least not as frequently as do the females. This is based on selective perception, a form of bias wherein we interpret information in a way that is consistent with our existing value, beliefs, emotions or experiences etc. It is defined as that which makes individuals process stimuli most relevant to their needs and evaluation. Several factors influencing selective perception include previous experience, attitudes, conditioning, gender, age, race and emotional state.

8 0
3 years ago
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