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zhenek [66]
3 years ago
5

Broker Greg has a listing for an office building. Licensee Gary who works for Greg wants to buy the building as an investment. W

hich statement is true? Gary should have his brother buy the building for him. He must inform the seller in writing that he has a license before he makes an offer. Gary needs to apply to the Department for a waiver before he can purchase the building. He can’t buy the building unless the listing goes to another broker.
Business
1 answer:
sergejj [24]3 years ago
6 0

Answer:

He must inform the seller in writing that he has a license before he makes an offer

Explanation:

A broker is an individual or a company that sells and buy properties, stocks, or investments on behalf of investors. A licensee must be licensed by a broker.

In this case, broker Greg has a listing for an office building and licensee Gary who works for broker Greg wants to buy the building as an investment. Since Gary, who is an emoloyee to Greg is interested in the building, he needs approval before making any investment in the buliding. This approval would help avoid insider trades.

Therefore, Gary must inform the seller in writing that he has a license before he makes an offer.

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On January 1, 2021, Badger Inc. adopted the dollar-value LIFO method. The inventory cost on this date was $101,600. The ending i
Lyrx [107]

Answer:

a. An additional layer of $12,760 is added to the 12/31/2021 balance.

Explanation:

The computation of the inventory balance is given below:

2021 Base year cost is

=  $131,040 ÷ 1.05

= $124,800

Additional layer is

= $124,800 - $101,600

= $23,200

2022 Base year cost is

= $150,040 ÷ 1.10

= $136,400

Additional layer is

= ($136,400 - $124,800 ) × 1.10

= $11,600  1.10

= $12,760

Therefore the first option is correct

3 0
3 years ago
According to the definition of market value, what should an appraiser do if there are special or creative financing terms presen
-BARSIC- [3]

According to the definition of market value an appraiser should ignore the concessions, complete the appraisal, and select appropriate comparables if there are special or creative financing terms present for the subject property.

<h3>What is market value?</h3>
  • The price at which an asset would trade in a competitive auction environment is known as its market value, or OMV.
  • Despite the fact that these phrases have different meanings under various standards and can have variations in some situations,
  • market value is frequently used interchangeably with open market value, fair value, and fair market value.
  • You would multiply the total number of outstanding shares by the current share price to determine a company's market value.
  • If ABC Limited, for instance, has 50,000 shares outstanding at a price of $25 apiece, its market value would be $1.25 million (50,000 x $25).

Learn more about market value here:

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7 0
2 years ago
1-a. Assume that Andretti Company has sufficient capacity to produce 120,150 Daks each year without any increase in fixed manufa
likoan [24]

Answer:

The answer is given below;

Explanation:

The opportunity gain of investing in fixed selling expenses could be quantified by comparing with interest rates prevailing in the market.

if the net margin earned on producing extra quantity is greater than the return earned on placing funds in bank account,then it is financially viable to invest in fixed selling expenses and vice versa.

7 0
3 years ago
Tyrone found a job posting for a customer service coordinator. Which of his experiences should he include on his résumé to demon
kvasek [131]

Answer:

The correct answer is letter "A": handle calls for the computer helpdesk personnel during heavy call times.

Explanation:

Customer service positions require employees to handle many different types of problematic cases in a given working day. Representatives must be willing to deal with frustrated customers who may be claiming for something fair as well as for things that the company you work in is not responsible for.

In that case, Tyrone should include his computer helpdesk experience since it is closely similar to the customer service coordinator position he is applying for.

4 0
3 years ago
What type of system is used by senior management to help make decisions such as nonroutine decisions requiring​ judgment, evalua
Rom4ik [11]

Answer:

Executive support systems

Explanation:

Executive Support Systems enable users to convert organisational data from various departments (such as accounts, HR, sales etc.) into summarized reports needed by senior management to make key decisions. Some Executive Support System tools can be used to analyze data and enable top management to determine forecasts based on input data.

4 0
3 years ago
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