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
xxTIMURxx [149]
3 years ago
8

The listing and selling brokers agree to split a 7% commission fifty-fifty on a $387,600 sale. The listing broker gives the list

ing licensee 30% of his commission and the selling broker gives the selling licensee 35% of his commission. How much does the selling licensee earn from the sale?
Business
1 answer:
Alexeev081 [22]3 years ago
6 0

Answer:

4,748.1

Explanation:

the commission will be obtain by multiplying the commison fee rate by thje alue of the real state:

sales x commision fee

387,600 x 7% = 27,132‬

Now this is split 50%

27,132 / 2 = 13,566‬

We now thatthe selling broker gives 35% of his commision

sales fee:

65% salesperson

35% selling person

So the selling licensee will earn:

13,566/0.35 = 4,748.1

You might be interested in
A production system uses kanban cards to control production and movement of parts. one work center uses an average of 40 pieces
Kobotan [32]
Given:
D = 40 pcs /hour
T = 36/60 = 0.60 hours
X = 0.20 
C = 10

Find the value of N.

N = DT (1 + X) / C 
N = [40/hr * 0.60 hr (1 + 0.20)] / 10
N = [24 (1.20)] / 10
N = 28.8 / 10
N = 2.88 or 3

3 containers should be used to support the operation.
8 0
4 years ago
Read 2 more answers
At a price of $60 per bathing suit, what is the quantity demanded of bathing suits?
timofeeve [1]

Answer:

Explanation:

I think your question is missed of key information, allow me to attach the photo question below.

The quantity demanded is 30 units when the price is 60, we use the reconciliation method on the demand line.

3 0
3 years ago
The shareholder-debtholder conflict refers to:________
Lera25 [3.4K]

Answer:

C

Explanation:

The shareholder-debtholder conflict usually arises because shareholders would prefer the firm to engage in more risky business activities. This is because this has the potential to increase the income of the firm and as a result, the wealth of shareholders.

On the other hand debtholders would not want the firm to engage in risky activities because it might negatively affect the firm's ability to make its schedules payments to debtholders.

In order to protect themselves, debtholders usually draft a deb covenant which contains allowable activities of the firm

4 0
3 years ago
Zapper has beginning equity of $293,000, net income of $69,000, dividends of $58,000 and stockholder investments of $24,000. Its
Yuki888 [10]

Answer:

$328,000

Explanation:

As we all know that:

Ending Equity = Opening Equity + Share Issues + Net Income – Net Loss – Dividends Paid

Here,

Opening Equity is $293,000

Money raised through Shares Issuance was $24,000

Net Income would be $69,000

Dividends paid were $58,000

There were no losses as their is Profit for the year (Net Income).

By putting values, we have:

Ending Equity = $293,000  +  $24,000   +  $69,000   -  $58,000

= $328,000

8 0
3 years ago
Which of the following is a type of savings vehicle?
Anna35 [415]
What are your choices /:
7 0
3 years ago
Read 2 more answers
Other questions:
  • Suppose the elasticity of demand for cereal is 1. if cereal increases in price by 25 percent, how much will the quantity demande
    11·2 answers
  • you are the owner of a beauty salon. give two examples of opportunities and threats your business may face and motivate your ans
    14·1 answer
  • Consider a risky portfolio. The end-of-year cash flow derived from the portfolio will be either $70,000 or $200,000 with equal p
    6·1 answer
  • Which of the following statements is not true: Multiple Choice Accounts receivable are increased by billings to customers. Accou
    10·1 answer
  • Sherry knew that her established customers liked her product much better than her competitor's. She was planning to expand into
    15·1 answer
  • Suppose that real domestic output in an economy is 2400 units, the quantity of inputs is 60, and the price of each input is $30.
    11·1 answer
  • The Levi Company issued $90,000 of 6% bonds on January 1 of the current year at face value. The bonds pay interest semiannually
    13·1 answer
  • Four brokers decided to collaborate and refuse to show any of the properties listed by a new broker in the area in an effort to
    5·1 answer
  • Lisa wants to take Saturday off to attend her niece's birthday party. To attend the party, she must miss a 4 hour shift at work
    10·1 answer
  • If a firm hires an additional worker and discovers that its total output has fallen, then it must be true that:________
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!