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3 years ago

Florida has an agreement with some other states which recognizes the similarity in education and experience requirements

Business

1 answer:

babymother [125]3 years ago

6 0

Correct/Complete Question:

Florida has an agreement with some other states which recognizes the similarity in education and experience requirements for licensees. What is the agreement called?

(a) Reciprocity

(b) Mutual recognition

(d) Intrastate licensing

Answer:

B, Mutual recognition

Explanation:

Mutual recognition agreement is an agreement that exists between two or more governments that has all parties agree to recognize each other's assessment results.

As regards the state of Florida in the question, it has mutual recognition agreements with other state(s) in the the area of education and licensing.This means that Florida state has a the process if licensing a real estate agent.

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Discretionary income is the amount of money remaining from her income after paying federal taxes, other mandatory charges, and necessary expenditures for living. In this situation, Emily is earning a gross income of $97,000. When you deduct her necessary expenditures for mortgage, food, and clothing in the amount of $37,000 and her federal income taxes in the amount of $24,000 from her gross income, you can get her discretionary income which is $36,000.

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3 years ago

Sunland Company has outstanding 500000 shares of $2 par common stock and 150000 shares of no-par 7% preferred stock with a state

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Answer:

Total dividend paid = $340,000

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The correct answer is C

Explanation:

There is need to calculate the preferred dividend for 3 years, which is a function of dividend rate, current market price, number of preferred stocks outstanding and number of years. The current market price of the preferred stock is used for the computation because the preferred stock has no par value. Then, the amount of dividend paid to common stock holders is the difference between the total dividend paid and preferred dividend.

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3 years ago

Eurocurrency is the euro, the common currency of Europe. is a time deposit of money in an international bank located in a countr

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Answer:

is a time deposit of money in an international bank located in a country different from the country that issued the currency.

Explanation:

In economics or financial accounting, money can be defined as any asset used by an individual or business entity to make purchases of goods and services at a specific period of time.

Simply stated, money refers to any asset which can be used to purchase goods and services by customers.

This ultimately implies that, money is any recognized economic unit that is generally accepted as a medium of exchange for goods and services, as well as repayment of debts such as loans, taxes across the world.

Additionally, the rate at which an asset can be used to purchase any goods or services refers to its liquidity. Thus, liquidity is a quality or characteristics of money as a medium of exchange. Therefore, money is a generally accepted medium of exchange around the world.

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II. Unit of account.

III. Store of value.

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It comprises of the European Central Bank (ECB) and the national central banks of all the 27 European Union (EU) member states, irrespective of adopting the Euro (£) or not. This has helped the European Union (EU) member states to achieve tight corporations and memorandum of understanding (MOUs) such as TARGET2 (single payment system).

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3 years ago

The price of good X increases from $55 to $60, and quantity demanded decreases from 500 to 400. The price of good Y increases fr

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Answer:

demand curve for Good X is more elastic than the demand curve for Good Y

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consumers who buy Good Y are less sensitive to price changes than consumers who buy Good X

Explanation:

Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.

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If the absolute value of price elasticity is greater than one, it means demand is elastic. Elastic demand means that quantity demanded is sensitive to price changes.

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For good X,

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For good Y,

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Demand for good Y is inelastic because the coefficient of elasticity is less than 1.

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