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a_sh-v [17]
3 years ago
13

A sales associate listed a condo for $205,000. A sales associate from a competing office called the listing associate to inform

him of a verbal offer of $190,000 on the property. The listing associate did not present the verbal offer. Which statement applies to this situation
Business
1 answer:
ASHA 777 [7]3 years ago
4 0

The statement that applied to the given situation is "Listing associate that needs to present the verbal offer to the seller and act as the individual seller or transaction agent" is considered.

The information related to the transaction agent should be as follows:

  • The purchasers & sellers should be assisted in the real estate transactions having no financial interest.
  • It is treated as a neutral third party but at the same time, it is bounded as per the law and the ethical principles.

The other statements should not be relevant.

So, here we can conclude that a listing associate that needs to present the verbal offer to the seller and act as the individual seller or transaction agent" is considered.

Learn more about the property here: brainly.com/question/19338928

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Blooming Sun investment corporation is facing problems in their records
77julia77 [94]

Answer:

Achived that the breakeven

7 0
3 years ago
July 1 Purchased merchandise from Boden Company for $6,000 under credit terms of 1/15, n/30, FOB shipping point, invoice dated J
kramer

Answer:

Journal Entries are as below

Directive or Autocratic Decision Making:

Managers who embed such style assess few alternatives and consider limited information while taking any decision. They are intuitive and impulsive, do not find it important to consult with others or seek information in any form and use their cognitive process and idea while taking decisions.

BLINK COMPANY    

JOURNAL    

PERPETUAL INVETORY SYSTEM [AMOUNT IN $]    

   

DATE PARTICULARS     INVOICE DATE DR. CR.

Jul-01 PURCHASE A/C     Jul-01  6,000  

1/15,N/30  PAYABLE A/C {BODEN CO.}      6,000

Jul-02 A/C RECIEVABLE {CREEK CO.}   Jul-02  900  

                                      SALES      900

2/10,N/60    

COST OF GOODS SOLD      500  

   INVENTORY        500

Jul-03 CARRIAGE INWARDS A/C   Jul-01  125  

                                       CASH A/C      125

Jul-08 CASH A/C       1,700  

                                        SALES A/C     1,700

COST OF GOODS SOLD      1,300  

                                        INVENTORY     1,300

Jul-09 PURCHASE A/C     Jul-09  2,200  

                                        PAYABLE A/C {LEIGHT CO.}   2,200

2/15,N/60    

Jul-11 PAYABLE A/C {LEIGHT CO.}   Jul-09  200  

                                         INVENTORY     200

Jul-12 BANK A/C     Jul-02  882  

DISCOUNT ALLOWED      18  

                                          A/C RECIEVABLE {CREEK CO.}   900

Jul-16 PAYABLE A/C {BODEN CO.}   Jul-01  6,000  

                                           BANK A/C     5,940

                                           DISCOUNT RECEIVED    60

Jul-19 A/C REVIEVABLE {ART CO.}     1,200  

                                            SALES      1,200

2/15,N/60    

COST OF GOODS SOLD      800  

                                             INVENTORY     800

Jul-21 SALES RETURN A/C    Jul-19  200  

                                             A/C RECIEVABLE {ART CO.}   200

INVENTORY       134  

                                             COST OF GOOD SOLD    134

Jul-24 PAYABLE A/C {LEIGHT CO.}     2,000  

                                              BANK A/C      1,960

                                              DISCOUNT RICEIVED    40

Jul-30 BANK A/C     Jul-19  980  

DISCOUNT ALLOWED      20  

                                               A/C RECIEVABLE {ART CO.}   1,000

Jul-31 A/C RECIEVABLE {CREEK CO.}   Jul-31  7,000  

                                                SALES     7,000

2/16,N/60    

COST OF GOODS SOLD      4,800  

                                                 INVENTORY     4,800

Download xlsx
3 0
3 years ago
Benefit corporations differ from traditional corporations in three main ways. The main purpose is to benefit the ___ , so direct
larisa86 [58]

The correct answers are, Public, Environment, Derivative Suit, Benefit Report.

Explanation:

Any corporation which is established to benefit people, society and the environment, is called as the Benefit corporation.

The main purpose is to benefit the Public, so the directors must consider the impacts of their decisions on society and the Environment. Shareholders have an additional right to private action called a Derivative Suit, that allow them to sue the corporation for failure to pursue the purpose. Finally, benefit corporations must issue an annual Benefit Report on its performance and include a third party standard of assessment.

Learn more about Benefit Corporations at:

brainly.com/question/13648699

#LearnWithBrainly

3 0
3 years ago
pryor frosted flakes company offers its customers a pottery cereal bowl if they send in 4 boxtops from flakes boxes and $1.00. T
trasher [3.6K]

Answer: $30,000

Explanation:

Company estimates that 60% of boxtops will be redeemed.

They sold 500,000 boxes

= 500,000 * 60%

= 300,000 boxtops will be sent in.

So far, 220,000 have been sent in. How many left;

= 300,000 - 220,000

= 80,000 boxtops are still to be sent in

4 boxtops are needed to receive a pottery bowl so with 80,000;

= 80,000/4

= 20,000 pottery bowls are due to be issued.

Each bowl costs $2.50 to make.  Customers will send in $1 however so effectively it will cost the company;

= 2.50 - 1

= $1.50

With 20,000 still left to be issued, each costing $1.50, the total liabilitiy for outstanding premiums to be recorded at the end of 2007 is;

= 20,000 * 1.5

= $30,000

4 0
3 years ago
You are considering purchasing a new automobile that will cost you $28,000. The dealer offers you 4.9% APR financing for 60 mont
bija089 [108]

Answer:

so correct option is B) $527

Explanation:

given data

cost = $28,000

offer APR = 4.9 % = \frac{4.9}{12} = 0.0041

time = 60 months

finance the entire = $28,000

solution

we will apply here formula for calculate monthly payment  that is

= \frac{r(1+r)^t}{(1+r)^t -1}    ...........1

here r is rate that is 0.0041 and t is time that is 60 put here value we get

=  \frac{0.0041(1+0.0041)^{60}}{(1+0.0041)^{60} -1}

= 0.01883

so monthly payment is = 28000 × 0.01883

monthly payment is $527

so correct option is B) $527

6 0
3 years ago
Read 2 more answers
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