Answer:
A. to instruct another broker to negotiate an offer with the sellers on his behalf
Explanation:
Brokers job includes facilitation of a variety of business transactions, such as real estate deals, by acting as a middle man between the parties involved. The broker acts as an agent for the client and charges the client certain amounts for his service.
By law a broker can not ask another broker to help him negotiate an offer. All other options in the question are duties of the broker
Answer:
present value = $9320.06
Explanation:
given data
cash flow 1 year C1 = $500
cash flow 2 year C2 = $1000
pay 3 year C3 = $800
interest rates r = 10 percent per year = 0.10
solution
we get here present value that is
present value =
....................1
put here value and we will get
present value =
present value = $9320.06
Answer:
Equilibrium quantity increases; Equilibrium price is indeterminate.
Explanation:
If a new article reports that there are many benefits of exercise, this will increase the demand for exercise bikes and shifts the demand curve rightwards.
At the same time, there is a fall in the price of parts of exercise bikes which reduces the cost of production of exercise bikes. Now, the producer will be able to produce more exercise bikes, so the supply of exercise bikes increases and shifts the supply curve rightwards.
Therefore, there is an increase in the equilibrium quantity of exercise bikes and the impact on equilibrium price is indeterminate because that will be dependent upon the magnitude of the shift of demand and supply curve.
Answer:
C. Accounts Receivable 45,400 Sales Revenue 45,400
Explanation:
Trade Receivable $45,400 (debit)
Revenue $45,400 (credit)
<em>Recognise an Asset - Trade Receivable and Revenue</em>
Rent and maintenance expenses are the service department that would most likely to use square feet of floor space occupied as the allocation base to assign its costs to operating departments.
<h3>What is cost allocation?</h3>
Cost allocation is a financial term, that is used to share costs that are common among different departments, services or inventory items.
In other words, cost allocation is the method of assigning costs to cost objects.
Learn more about cost allocation here: brainly.com/question/15681457
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