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Ivan
2 years ago
11

Rusty sells his home for $330,000. He must pay a 6% brokerage fee which will be split evenly between the selling broker and list

ing broker. He will also incur $5,000 in other closing costs and pay off a $225,000 mortgage balance. How much can Rusty expect to receive at closing?
Business
1 answer:
Solnce55 [7]2 years ago
8 0

Answer:

=$ 80, 200.00

Explanation:

selling price : $ 330,000.00

Commission 6 %:

Commissions paid = 6/100 x $ 330,000.00

     =$19,800.00

Closing costs =: $ 5000.00

Mortgage  paid : $ 225,000

Total payouts:  $19,800 + $50,00+ $225,000

   =$ 249, 800.00

Rusty Expects: $ 330,000.00- $ 249,800.00

   =$ 80, 200.00

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From this cartoon you can infer that the cartoonist:______. A) believes that England and Japan will soon be at war. B) opposes U
Sergeu [11.5K]

Answer:

The Cartoon depicts the Head of Government of the USA with hands tied being pulled from 4 different ends of the world

2 Nations stand out, England & Japan who were part of the 4 permanent Member States, (Italy and France make up the balance); whilst European Nations and Foreign Governments are depicted to also pulling at the President.

The Cartoonist opposes U.S Participation in the League of Nations

Explanation:

This is a Post World War 1 Cartoon

As part of the Versailles Treaty from the Paris conference of 1919 a League of Nations was to be formed comprising of the World Powers at the time. Members were expected to respect the sovereignty of other countries and completely discourage the deployment of Military campaigns against other countries

The President of the USA at the time President Woodrow Wilson believed so much in the Vision of the League of Nations but was constrained from having America join because of the overwhelming stand against America's involvement by the isolationist movement in the congress.

The Isolationist movement was specifically against the item X of the League's covenant which required Member nations to support other Nations in the face of an aggression from another. The interpretation of this was that the USA would be completely surrendering its sovereignty and would remain a tool for International Conflicts resolution by deploying men and war equipment as was the case with World War I.

The President is seen in the cartoon firmly rooted to USA ideals albeit opposed to his Vision of joining the League of Nations.

7 0
3 years ago
Xavier and Yolonda have original investments of $100,000 and $50,000 respectively in a partnership. The articles of partnership
sveticcg [70]

Answer:

Total of Xavier's share = $49750

Explanation:

The allocation of net income to both Xavier and Yolonda will be as follows,

Net Income                              90000

<u>Interest on Capital:</u>

Xavier(0.15 * 100000)      15000  

Yolonda(0.15 * 50000)    <u>  7500</u>   <u> (22500) </u>

                                              67500

<u>Salary:</u>  

Xavier                           22000  

Yolonda                           <u>20000</u>      (<u>42000)</u>

                                               25500

<u>Share of remaining profit:</u>  

Xavier                             12750  

Yolonda                             <u>12750</u>        <u>25500 </u>

<u />

Total of Xavier's share = 15000 + 22000 + 12750  = $49750

4 0
3 years ago
Why do we subtract depreciation in the calculation of EBIAT if we are going to add it back as the next step of the Free Cash Flo
vladimir1956 [14]

Answer: Depreciation is tax deductible

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Depreciation on assets is recognized by tax authorities as an expense that a business actually incurs so when the income statement is calculated, depreciation needs to be removed as the expense that it is so that taxes can be calculated on the profit.

Depreciation however, does not take actual cash from the company i.e the company does not actually pay anyone cash for depreciation like most other expenses. It needs therefore to be added back to the Free Cash Flow because the FCF deals with how much actual cash the company has which is something that Depreciation being a non-cash expense did not reduce.

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2 years ago
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babymother [125]
I think the correct term to fill in the blank would be mix. A product mix is the all of the products or services lines being offered by a company. The cars, trucks, financing services and the like are all product lines that make up the product mix of Volvo.
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3 years ago
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kkurt [141]

Answer: When a government purchase increases during a war, be it a local war or a world war. it means that it's savings has reduced, therefore the trade balance will fall. And if the purchase is done to import more goods into the country, the trade balance becomes negative, leading to a deficit.

The exchange rate of the currency will reduce because the country the government is making more currency to be available and surplus, by increasing it's purchase. When they is excess currency in the world market, the currency reduces it value. In a world war, or local war, the exchange rate may not actually reduce because, it will be difficult for the country to have enough money to make its currency to be available in the world market.

7 0
3 years ago
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