Answer:
the degree of operating leverage is 5
Explanation:
The computation of the degree of operating leverage is given below:
= Contribution margin ÷ EBIT
= (Sales - Variable expense) ÷ (Sales - Variable expense - Fixed expense)
= ($670,000 - $420,000) ÷ ($670,000 - $420,000 - $200,000)
= $250,000 ÷ $50,000
= 5
Hence, the degree of operating leverage is 5
A For Sale by Owner brokerage relationship disclosure requires . The broker to disclose his/her relationship with the buyer.
Option D is correct
Which of these situations requires the brokerage relationship to be disclosed?
Advising a buyer client on negotiating the best price. Advising a buyer client is something that only a single agent may do, and single agency requires written notice. The rest of the activities are exempt from disclosure.
Which of the following items must be disclosed by a transaction broker?
A transaction broker must disclose any adverse material facts which are actually know about the property.
The question is incomplete, Missing option are given below:
a. The FSBO to pay a commission
b. The FSBO to sign an Exclusive Right to Sell Listing contract, (Seller Agency)
c. The FSBO to sign an Exclusive Right to Sell Listing contract, (Transaction Broker)
d. The broker to disclose his/her relationship with the buyer
Learn more about owner brokerage:
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Answer:
E) self-serving bias
Explanation:
Self-serving bias is a type of cognitive bias in which an individual tends to attribute positive and favorable outcomes as consequences of their own action or quality, while they tend to absolve themselves if the case of any negative outcome or events that are not favorable, hence, they attribute such to the action of others or external forces. People who exhibit this cognitive bias, usually do so to boost their confidence or enhance their self-esteem.
Answer:
Date Account title Debit Credit
12/31/2021 Income tax expense $3,060,000
Deferred tax asset $ 969,000
Income tax payable $4,029,000
Explanation:
2021 Income tax expense from warranty costs:
= Taxable income - Pretax accounting income
= 10,160,000 - 7,100,000
= $3,060,000
Tax on the warranty payments will be treated as deferred tax assets so the total is:
= (1,020,000 * 30%) + (510,000 * 30%) + (510,000 * 30%) + (1,020,000 * 35%)
= $969,000
Answer:
Part a)
Since the underlying genuine financing cost is 3% and the harmony loan fee is additionally 3%, the economy must be in Long run Equilibrium.
Part b)
At the point when genuine financing cost tumbles to 2%, at that point it falls beneath the since a long time ago run degree of harmony, there is a descending development along the bend and consequently yield is expanded. There is a positive gap.
Part c)
On the off chance that administration spending falls, it causes an upward development along the bend and subsequently yield is diminished. There is a negative gap.
Part d)
On the off chance that MPK ascends to 5%, at that point speculation spending is expanded This brings a descending development along the bend and henceforth yield is expanded. There is an irritation hole
