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rewona [7]
3 years ago
8

To determine the effective gross income on a property, the sales associate should:________

Business
1 answer:
artcher [175]3 years ago
4 0

Answer:

Subtract vacancy and credit costs from potential gross income

Explanation:

Effective gross income (EGI) is actually the ratio or relationship that exists between the sale price of a property and effective gross income of that same property.

It is the potential gross income added to other income when vacancy and credit costs are subtracted from it.

EGI is used to determine the value of a rental property and the cash that the property generates.

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Sonic sells the rights to use the business name and sell its products and services to others in a given territory. This arrangem
Ket [755]

Answer:

Sonic sells the rights to use the business name and sell its products and services to others in a given territory. This arrangement is called a franchise agreement.

Explanation:

The franchise agreement can simply be described as a legal agreement for binding of two or more companies. The agreement carries all the terms and conditions under which the two companies will work together. In such a kind of agreement, the owner of a business gives the rights of using the company name to another person or another company. The other company also gets the rights to sell products under the name of that company. In return, they agree to pay a commission or a part of their revenue as franchise fees.

5 0
2 years ago
An adequate supply of complements to a product results in: a. more customers opting for the product. b. higher switching costs.
Rama09 [41]

Answer: a. more customers opting for the product

Explanation: It is important for a companies and businesses to ensure that in addition to the product they deal in itself, there is an adequate supply of complements. Complements to a product are products whose use is related to the use of an associated product, as such, its appeal increases with increasing use or popularity of its complement. An adequate supply of complements to a product results in more customers opting for the product.

8 0
2 years ago
The mission of the Securities and Exchange Commission (SEC) is to: a. PROTECT SHAREHOLDERS' RIGHTS BY MAKING SURE THAT STOCK MAR
lilavasa [31]

Answer:

b. PROTECT SHAREHOLDERS' RIGHTS BY MAKING SURE THAT STOCK MARKETS ARE RUN FAIRLY

Explanation:

  • The U.S (SEC) securities and exchange commission is an independent agency of the American government and is responsible for enforcing the federal security laws and rules and regulated the industry.
  • The SEC was created by the securities exchange act of 1934, mission as to protect the investors, maintain fair and orderly, and have an efficient market.  
  • <u>Publishes quarterly and semi quarterly reports form the companies that are crucial for investors to make a sound decision when investing in the capital markets.</u>
8 0
3 years ago
in forward and futures contracts, the risk of non-fulfilment of contract terms is most likely borne by:
topjm [15]

In forward and futures contracts, the risk of non-fulfillment of contract terms is most likely borne by <u>both parties</u><u> to the contract</u>.

<h3>What are forward and futures contracts?</h3>

The difference between a forward and futures contract lies in their establishment.

A forward contract is a personal arrangement traded over the counter whereas, a futures contract is a standardized contract made through an established exchange.

Thus, in forward and futures contracts, the risk of non-fulfillment of contract terms is most likely borne by <u>both parties</u><u> to the contract</u>.

Learn more about forward and futures contacts at brainly.com/question/15581105

#SPJ12

7 0
1 year ago
Purple Rose Corporation reported pretax book income of $500,000.
Vikentia [17]

Answer: $68,000

Explanation:

Let us assume that we are given a tax rate of 34% to use in computing the question. Therefore, Purple Rose's current income tax expense or benefit will be:

Pre-tax book income = $500,000

Less: Tax depreciation = $300,000

Net Income = $500,000 - $300,000 = $200,000

Current income tax expenses at 34% will then be:

= 34% × Net income

= 34/100 × $200,000

= $68,000

5 0
3 years ago
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