Answer:
The correct answer is owes commission to the broker.
Explanation:
The remuneration of real estate agents, in most transactions, is carried out as follows:
Two agents participate in the transaction: the one that represents the seller and the one that represents the buyer; It is the seller of the property responsible for paying the commission, which generally ranges between three percent (3%) and six percent (6%) on the sale price, and which is often divided into parts equal between both agents.
The homebuyer in most cases does not pay any commission to the real estate agent.
It is normal for the owner to try to sell his real estate directly, without hiring the real estate agent, based on the belief that this saves six percent (6%) of the commission charged by this professional; and it does not notice that in reality the direct sale supposes for the owner some expenses that, for the most part, equal that percentage; and, expenses which, are assumed by the real estate agent; being some of them, those mentioned above such as: Cost of printed advertising (flyers, brochures, "open-houses"), selection of potential buyers, visits to real estate; in short, a series of activities that translate into a benefit for the seller, insofar as the real estate agent assumes responsibilities that have not only an economic value, but a security and time value that prevents it from eventual stressful situations and risk to your person and your family group.
The internal growth rate is 7.97% Approximately
The internal growth rate is computed as shown below:
= ROA x ( 1 - payout ratio ) / [ 1 - ( ROA x payout ratio) ]
= 0.09 x ( 1 - 0.18 ) / [ 1 - ( 0.09 x 0.18 ) ]
= 0.0738 / 0.9262
= 7.97% Approximately
An internal growth rate (IGR) is the best degree of growth potential for a commercial enterprise with out acquiring outdoor financing. A firm's most inner increase rate is the extent of business operations that may maintain to fund and grow the corporation with out issuing new equity or debt.
The IGR assumes that operations can be entirely self-funded by way of the corporation's retained profits. In evaluation, the sustainable increase price (SGR) includes the effect of external financing, however the current capital structure is kept steady.
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Answer:
(I)
retained earnings 92,400 debit
common stock 28,600 credit
additional paid-in 63,800 credit
(II)
retained earnings 924,000 debit
common stock 286,000 credit
additional paid-in 638,000 credit
(III) no entry required
Explanation:
22,000 x 10% = 2,200 new shares
market price:
2,200 X $42 = 92,400
book value
2,200 x $13 = 28,600
additional paid-in
63,800
100% sotkc dividends:
22,000 x 100% = 22,000 new shares
market price:
22,000 X $42 = 924,000
book value
22,000 x $13 = 286,000
additional paid-in
638,000
the stock split will not change the accounting as the total value fo the equity remains the same.
Answer:
1- Wages Expense (Dr.) $1,025
Wages Payable (Cr.) $1,025
2- Wages Expense (Dr.) $1,845
Wages Payable (Cr.) $1,025
Cash (Cr.) $820
Explanation:
Wages expense = $205 * 5 days a week = $1,025 per week.
Wages expense = $205 * 4 days a week = $820 per week.
Answer:
Numaccounts=SavingsAccount.numbeOfAccounts
Explanation:
This a static method program from java language because it can be checked without creating an object class.
