1. Approximately, what is the median wage for a college graduate (all majors)?

when working with a developer who's purchasing undeveloped land for a new subdivision, abc realty stipulates in the contract tha

NikAS [45]

Control happens once competitor brokers comply with a typical worth for sales commissions, fees, or management rates. The Sherman just Act forbids any style of control in any business.

Tie-in agreements are called fastening agreements. For instance, a developer United Nations agency is additionally a true estate broker agrees to sell one among the developer's properties to a purchaser providing the customer agrees to list the buyer's house with the broker.

The just prohibition on fixing commission rates means that 2 or additional realty companies might not agree on the commission rate that everyone can charge. As noted earlier, control may be a violation of just laws.

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3 0

1 year ago

The following bond investment transactions were completed during a recent year by Starks Company: Year 1 Jan. 31 Purchased 75, $

Nadusha1986 [10]

Answer and Explanation:

The Journal entries is shown below:-

Jan 31

Investment in Govt Bonds Dr, $75,000

Interest Receivable Dr, $375

To Cash 75,375

(Being cash is recorded)

July 31

Cash Dr $2,250

To Interest Receivable $375

To Interest Income 1,875

($75000 × 6% × 5 ÷ 12)

(Being interest on bond is recorded)

Aug 30

Cash Dr, $34,650

Loss on Sale of Bonds Dr, $700

($35,000 - 980 × $35)

To Investment in Govt Bonds $35,000

To Interest Income $350

(Being loss on sale is recorded)

Dec 31

Interest Receivable Dr, $1,200

To Interest Income $1,200

(40 × $1,000 × 6% × 6 ÷ 12)

(Being interest on bonds is recorded)

3 0

3 years ago

Suppose that the price of wheat is above its equilibrium price. You would expect to see __________- A) an increase in quantity d

disa [49]

Answer:

The correct answer is letter "B": a leftward shift of the demand curve because of the high price.

Explanation:

The equilibrium price represents the point at which buyers' demand and sellers supply face each other because both parties' needs are satisfied. If the price of a given product is higher than the equilibrium level, the quantity demanded is likely to decrease which directly implies a leftward move in the demand curve.

8 0

3 years ago

You bought some shares of stock and, over the next year, the price per share increased by 5 percent, as did the

FinnZ [79.3K]

Answer:

d. a nominal gain, but no real gain, and you paid taxes on the nominal gain.

Explanation:

Nominal gain: In business, the term "nominal gain" is described as the increase or hike in the price or cost of an asset as per the "federal tax code" and is also denoted as "nominal amount" and is considered as non-adjustable for inflation. However, when a specific product or asset or stock is being sold more than its "actual price" or above its "purchase price" then a gain or profit is noted and hence is taxed.

In the question above, the correct answer is option D.

3 0

3 years ago

Langley Company reported net income for 2022 in the amount of $460,000. The company's financial statements also included the fol

inn [45]

Answer:

$655,000

Explanation:

Cash flow from operating activities involved all the cash flows related to the operations of the company like sales , purchases, receivable, payable etc.

Net Cash flow is the net of receipts and Payment.

Following are the operating cash flows.

Cash flows from operating activities

Net Income $460,000

Add: Non cash Expense Adjustments:

Depreciation $107,000

Change in Working Capital:

Increase in Account receivable ($77,000)

Decrease in Inventory $62,000

Increase in Account payable $250,000

Less: Net Change in WC $235,000

Other Adjustments

Gain on sale of Land ($147,000)

Net Operating Cash flow $655,000

Depreciation is a non cash expense deducted from the revenue to calculate net income. Now it needs to be added back.

6 0

3 years ago

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