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Schach [20]
2 years ago
15

A young man recently was hired by a major mortgage company in Tampa. Because he was unfamiliar with Tampa, the man purchased a r

ental list for $200 from a local real estate company. He looked at several apartments described on the list but decided to purchase a condo instead of renting an apartment. Which statement applies to this situation
Business
1 answer:
Pavel [41]2 years ago
3 0

Question Completion with Options:

A)  The man is not entitled to a refund, however, he may request that the $200 be applied to his down payment.

B)  He is entitled to a refund of $200 if requested in writing within 30 days of the contract date.

C)  He is entitled to a refund of $100 if requested within 45 days of the contract date.

D)  He is entitled to a refund of $150 if requested within 30 days of the contract date.

Answer:

The statement that applies to this situation is:

B)  He is entitled to a refund of $200 if requested in writing within 30 days of the contract date.

Explanation:

The Florida real estate laws provide that any real estate company that furnishes rental information to a prospective tenant for a fee must provide the prospective tenant with a receipt.  The receipt should contain the repayment provision, which can be made under specified conditions. However, the young man is expected to make his demand for a return of any part of the fee within 30 days from the date of the broker/sale contract.

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DeWitt Industries has adopted the following production budget for the first 4 months of 2017. Month Units Month Units January 10
brilliants [131]

Answer:

DeWitt Industries

Materials Purchase Budget for the first quarter:

                                   January      February     March

Ending inventory          1,648            1,038           824

Production

requirements            31,320         24,720       15,570

Beginning inventory   9,500            1,648         1,038

Purchases (pounds)  21,820         23,072       14,532

Explanation:

a) Data and Calculations:

Production Budget

Month        Units

January    10,440

February   8,240

March        5,190

April          4,120

                               January      February     March       April

Production Units     10,440          8,240        5,190      4,120

Production

requirements        31,320        24,720       15,570   12,360

Materials Purchase Budget

                                   January      February     March       April

Ending inventory          1,648            1,038           824

Production

requirements            31,320         24,720       15,570      12,360

Beginning inventory   9,500            1,648         1,038           824

Purchases (pounds)  21,820         23,072       14,532       11,536

4 0
3 years ago
Many business leaders today give up having a private office, and instead work at a desk or cubicle in the middle of the work are
Alex73 [517]

Answer:

Napoleon once ordered his men on a near suicidal charge against the Austrians and they did exactly what he told them to because they were so inspired by him. This inspiration came from the fact that even though he was their commander, he was on the front lines with them and personally overseeing the artillery bombardment of the enemy.

This is the kind of effect that the business leader staying in the middle of the work area can have. The leader would be amongst their subordinates and by working hard, could inspire them to work hard themselves. This would increase the respect that the employees have of the leader and by extension, the leader's power over them.

Should the leader turn out to be lazy however, an opposite situation could result where the leader's power is diminished as their laziness would be on full display for the workers. who would then lose respect for the leader.

4 0
3 years ago
"Big Burger has 100,000 shares of common stock outstanding at a market price of $40 a share. There are 10,000 shares of 8 percen
oksano4ka [1.4K]

Answer:

weight % of equity = 76.05%

weight % of preferred stock = 5.70%

weight % of debt  = 18.25%

Explanation:

calculation for equity:

total number of equity is 100,000

market price of stock = 40

so total value of stock = 40 × 100,000 = 4,000,000

calculation for preferred stock:

total number of share is 10,000

market price of stock = 30

so total value of stock = 30 × 10,000 = 300,000

calculation for debt:

total number of bond is 1,000

market price of  bonds = 960

so total value of stock = 960 × 1,000 = 960,000

total value = 4,000,000 + 300,000 + 960,000 = 5,260,000

Calculation of weight percentage

weight % of equity  =\frac{4,000,000}{5,260,000} = 0.7604 = 76.04%

weight % of preferred stock   = \frac{300,000}{5,260,000} = 0.0570 = 5.70%

weight % of debt  = \frac{960,000}{5,260,000} = 0.1825 = 18.25\%

6 0
3 years ago
Costs that increase as production increases and decrease as production decreases are:____.
pychu [463]

Costs that increase as production increases and decrease as production decreases are <u>Variable costs</u> .

A Variable cost is a corporate cost that adjusts in percentage to how plenty a business enterprise produces or sells. Variable charges grow or lower depending on a corporation's production or income quantity—they rise as production will increase and fall as manufacturing decreases.

Variable costs are fees that change as the quantity adjustments. Examples of variable fees are raw materials, piece-price hard work, manufacturing components, commissions, delivery fees, packaging substances, and credit score card expenses. In a few accounting statements, the Variable prices of manufacturing are called the “price of products bought.”

Variable fees are fees that alternate as the amount of the coolest or carrier that a business produces modifications. Variable prices are the sum of marginal charges over all units produced. They also can be taken into consideration normal charges. Constant charges and variable fees make up the 2 components of the overall price.

Learn  more about Variable costs here brainly.com/question/17594595

#SPJ4

5 0
1 year ago
Amanda, the sales manager at an e-commerce fashion site, decides the annual, monthly, and weekly targets of all the salespersons
Anit [1.1K]

Answer:

n this scenario, which of the following management functions is best illustrated in Amanda's work?

D) Planning.

Explanation:

Planning

Planning can be defined as the act of formulating strategies to achieve a goal. Managers often use planning to lay out procedure that are to be followed in order to attain a certain goal. It involves the decisions on how to achieve set goals beforehand. It is a way that involves the consideration of future events and making a decision in advance on how to go about the specific future events. Planning has the following features;

1. Serves as a major managerial functions. Before performing other managerial functions like controlling, organizing and leading, a plan has to be set out to determine the best way of performing them. Thus planning serves as the foundation on for other managerial functions.

2. Goal oriented

A plan always stipulates the organizations goals. The plan has to be in line with the achievement of the goals, thus it helps drive the organization in a direction where there is high possibility of the fulfillment of the goals.

3 0
3 years ago
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