The mls is a good source for data when researching a subject property. former sales price will be found there.
A multiple listing service is a database which is established by cooperating real estate brokers in order to provide data about properties for sale.
An MLS allows the brokers to see one another’s listings of properties held for sale with the goal of connecting homebuyers to sellers. Under this arrangement, both the listing and selling brokers are benefited by consolidating and sharing information and also by sharing commissions.
Typically, multiple listing services create a general book and electronic database with all of the houses for sale by affiliated brokers.
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Answer:
Explanation:
Does Caroline have any closed accounts How long does a closed account stay on a person's credit report?
Regardless of whether it's a loan or credit card, a closed account can still affect your score. According to Equifax, closed accounts with derogatory marks such as late or missed payments, collections and charge-offs will stay on your credit report for around seven years.
Answer:
The answer is $304,000
Explanation:
Barber's ending equity is:
Barber's beginning partnership capital balance for the current year plus share of partnership net income minus Barber's withdrawal
Barber's beginning partnership capital balance for the current is $314,000
Share of partnership net income
= $152,000 /2
= $76,000
Barber's withdrawal = $86,000
Therefore, Barber's ending equity is
$314,000 + $76,000 - $86,000
= $304,000
Answer: 4.10%
Explanation:
Solve for the current rate being used using the RATE function on Excel.
Number of periods = 15
Payment = 1,000 * 5% = 50
Present value = Current market price - floatation costs = 900 - 25 = 875
Future value = 1,000 face value
The result will be:
= 6.31%
If tax is 35%, after-tax cost is:
= 6.31% * (1 - 35%)
= 4.10%
Bad Debts Expense is debited when an account is determined to be <u>uncollectible</u> under the direct write-off method of accounting for uncollectible accounts,
Bad Debts Expense refers to the portion of account receivables that a firm has assumes not be recoverable from the debtor.
In conclusion, the Bad Debts Expense is debited when an account is determined to be <u>uncollectible</u> under the direct write-off method of accounting for uncollectible accounts,
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