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Natali [406]
3 years ago
8

The Department may choose to grant an exception to the examination requirement under certain circumstances. Which of the followi

ng situations would probably NOT be considered for an exemption?
Business
1 answer:
soldier1979 [14.2K]3 years ago
6 0

Available options are:

A salesperson who has held a valid license within the last 3 years

A broker who surrendered his broker license and has been employed as a salesperson since the surrender

A broker associate who had a valid salesperson license five years ago

A broker associate who held a broker associate license two years ago

Answer:

A broker associate who had a valid salesperson license five years ago

Explanation:

The Department may choose to grant an exception to the examination requirement under certain circumstances except "a broker associate who had a valid salesperson license five years ago."

This is because in the United States, for the real estate brokers to renew a license they need to undergo an examination as part of the requirements. However, they may be granted an exception under specific situations such as

1. When they still hold a valid license within the last 3 years

2. When they hold broker associate valid license within the last two years

3. When they are now into salesperson employment.

Hence, considering the available options, the correct answer is "A broker associate who had a valid salesperson license five years ago."

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Long-term investment decision, payback method Bill Williams has the opportunity to invest in project A that costs $9,000 today a
ArbitrLikvidat [17]

Answer:

a.- PA 3.9

b.- PB 4.22

c.- It would seems a better investment using the payback period the project A.

d.- However, the project B net 3,500 while project A net 2,000

It would be better to apply and interest rate to discount the diferent cashflow and not decide only using this method

Explanation:

The payback represent the point during the life of the project at which you redeem the initial investment.

Usually

investment/cashflow(per years) = payback

Because the cash flow are not the same each period we are going to add the cash flow until we got a positive return

PROJECT A  

cash flow                -9000

YEAR 1  2200 -6800

YEAR 2 2500 -4300

YEAR 3 2500 -1800

YEAR 4 2000   200

YEAR 5  1800 2000

At the end of year 3 (beginning of year 4) the project is -1800 end of the year 4 we are 200 positive

So during this fourth year the project achieve the payback.

assuming the 2000 revenue are generated at a linear rate we calculate the payback, We divide the beginning balance by the cash flow of the year

1800/2000 = 0.9

3 complete years + 0.9 of 4th year = 3.9 years

Same procedure for PROJECT B

cash flow  -9000

year 1 1500 -7500

year 2 1500 -6000

year 3 1500 -4500

year 4 3500 -1000

year 5 4500 3500

Durgin the 5th year the compay achieve the payback.

we divide the beginning balance by the cash flow

1000/4500 = 2/9 = 0.2222222222

4 complete year + 0.222222 = 4.222222 years

5 0
3 years ago
When the price of fuel approached $4/gallon before and during the recession, and college students could buy fewer pizzas because
Sati [7]

Answer:

Option C The income Effect

Explanation:

Student has inelastic demand for gasoline as the increase in the price of gas does not change the consumption of gas instead it decreases the consumption of pizza as the consumer has less relative income so spend less on the pizza and sped more on the gasoline.

5 0
3 years ago
A broker, acting as a transaction broker, lists a property for $248,500. He finds a prospect who is willing to sign an offer at
Aneli [31]

Answer:

(b) submit the $247,000, but disclose that the buyer may pay more.

Explanation:

A transaction broker is defined as a broker who provides limited representation to a buyer, a seller or both, in a real estate transaction, but does not represent either in a fiduciary capacity or as a single agent.

4 0
3 years ago
After conducting a market research study, Ed Manufacturing decided to produce a new interior door to complement its exterior doo
hram777 [196]

The target cost for each interior door is $96.

<h3>What is manufacturing?</h3>
  • Manufacturing is the process of creating or producing items with the aid of resources such as machinery, manpower, tools, chemicals, or biological formulations.
  • It is the core of the economy's secondary sector.
<h3>What is operating cost?</h3>
  • Operating costs, often known as operating costs, are the costs associated with running a company, or with running a machine, part, piece of equipment, or facility.
  • They represent the cost of the resources an organization uses just to stay in business.
<h3>Solution -</h3>

Total revenue of the year (sales) = $120 × 20,000 = 24,00,000

Operating cost = 20% of sales = 4,80,000

Target cost of each door = 4,80,000 ÷ 20,000 = $24

120 - 24 = $96

Therefore, the target cost for each interior door is $96.

Know more about a business here:

brainly.com/question/24553900

#SPJ4

5 0
2 years ago
The management of Madeira Computing is considering the introduction of a wearable electronic device with the functionality of a
Alenkasestr [34]

Answer:

Best-case profit: $2,500,000

Worst-case profit: -$300,000

Base case profit: $100,000

Explanation:

initial cost $300,000

variable cost between $160 - $240

most likely variable cost $200

sales price per unit $300

expected demand 0 - 20,000 units

most likely expected demand 4,000 units

best case scenario:

20,000 units x $300 = $6,000,000

- variable costs 20,000 x $160 = -$3,200,000

- fixed cost = -$300,000

profit = $2,500,000

base case scenario:

4,000 units x $300 = $1,200,000

- variable costs 4,000 x $200 = -$800,000

- fixed cost = -$300,000

profit = $100,000

worst case scenario:

0 units x $300 = $0

- fixed cost = -$300,000

profit = -$300,000

6 0
4 years ago
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