Answer: B. must pay a commission of $24,000 to the listing agent.
Explanation:
An exclusive listing agreement is a contractual agreement whereby a listing broker acts as the agent and in this case, the seller will pay a commission to the listing broker.
Since the homeowner has already signed an exclusive-listing agreement, which requires payment of 6% commission to the real estate agent but later finds a couple who purchases it for $400,000. In this case, the homeowner must still funlfil the terms of the contact and pay the listing agent the percentage that was agreed as commission and this will be:
= 6% × $400000.
= $24000
Therefore, $24000 must be paid to the listing agent.
Answer:
a) Customer relationship management
Explanation:
Customer relationship management -
It is the approach to manage the interaction of the company with the potential and current customers .
It is done by using data analysis of the history of the customer with the company , in order to improve the the relationship of the business with the customers , which focus on the retention of the customers and to increase the sale .
Hence , from the question information , the correct answer is a) Customer relationship management .
Answer: D. The Fed wanted to limit the inflation risk inherent among financial institutions.
Explanation: An alternative lender, or non-traditional lender, is a loan provider, often a short-term loan lender that is often not heavily regulated by state or federal agencies. ... Secured loans typically have lower interest rates than unsecured non-traditional loans because they minimize the lender's risk of loss.
Answer:
$26,898.25
Explanation:
Jenna'a taxable ordinary income = $126,000 - $6,100 (standard deduction) - $3,900 (personal exemption) = $116,000
ordinary income taxes = $17,891.25 + [($116,000 - $87,850) x 28%] = $25,773.25
capital gains taxes = $7,500 x 15% = $1,125
total tax liability = $25,773.25 + $1,125 = $26,898.25
Answer:
A. Debit Cash $8,614; credit Dividend Revenue $8,614.
Explanation:
The journal entry for recording the dividend as on April 15 is shown below:
On April 15
Cash Dr (7,300 shares × $1.18 per share) $8,614
To Dividend revenue $8,614
(Being the dividend is recorded)
For recording this here we debited the cash as it increased the assets and credited the dividend revenue as the revenue is also increased
Therefore the correct option is A.
