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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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Dora earns 50,000 a year at her johs. when she was given a raise of 5,000 her spending increased from 50,000 to 54,000 calvulate
weqwewe [10]
Given:
ΔY = $5,000, the change in income
ΔS = 50,000 - 54,000 = - 4,000, the change in savings.

By definition,
MPS (Marginal Propensity to Spend) is
MPS = ΔS/ΔY = -4000/5000 = -0.8

The relation between MPS and MPC (Marginal Propensity to Consume) is
MPS + MPC = 1.
Therefore
MPC - 0.8 = 1
MPC = 1.8

Answer:
MPS = 0.8
MPC = 1.8


5 0
2 years ago
Read 2 more answers
Aldi, Lidl, Dollar General, and Family Dollar are examples of ________, as they carry a more restricted merchandise mix than dis
liq [111]

Answer:

The correct answer to the following question is Extreme value stores .

Explanation:

Extreme value stores are those type of stores which are also know as merchandise  discount store, which are easily found in the low income rural and urban areas. These type of stores are usually small discount stores, who have very limited merchandise assortments and they offer those products at a very low price. The given examples of Aldi, Lidl, Dollar general and Family Dollar are all examples of Extreme value stores.

4 0
2 years ago
Activity rates from Mcelderry Corporation's activity-based costing system are listed below. The company uses the activity rates
Naddik [55]

Answer:

b) 2,388.22

Explanation:

Activity Cost Pool        Activity Rates                Activity   Overhead cost

Processing customer  49.87 per order                   10             498.7

orders

Assembling products   2.88 per assembly hour    580          1670.4

Setting up batches       18.26 per batch                    12          <u>  219.12</u>

Total Overhead cost assigned                                               <u>2,388.22</u>

8 0
2 years ago
Tailor your business to aim your product or service at a certain group of customers, who are called the
MrMuchimi
The answer is B, Primary target market. 
7 0
2 years ago
Rico Petricelli Industries invests $960,000 in plant assets with an estimated 10-year service life and no salvage value. These a
Nesterboy [21]

The payback period for this Rico Petricelli Industries' investment is 6 years.

Data and Calculations:

Cost of investment in plant assets =$960,000

Estimated useful life = 10 years

Estimated salvage value = $0

Annual depreciation = $96,000 ($960,000/10)

Annual net income = $64,000

Annual cash net inflow = $160,000 ($64,000 + $96,000)

Payback period = 6 years ($960,000/$160,000)

Thus, to compute the payback period as 6 years, add the annual depreciation to the annual net income to obtain the annual cash net inflow.  Then divide the cash outlay ($960,000) by the product above.

Learn more: brainly.com/question/17109529

5 0
2 years ago
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