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worty [1.4K]
3 years ago
5

The sales statt at Mocmoo Real Estate is compensated primarily based on the value of the properties thay call. However, in order

to encourage the salespeople to act in the best interests of the company, Macmoo bases 10 percent of each salesperson's yearly bonus on whether the company reaches its yearly financial goals. In which of tho following situations would the interests of tho salesperson bo most likely to conflict with the interests of the overall organization? Soloct one:
a. A Maemos agent becomes the selling agent for the same property multiple times
b. A Macmoo real ontate agent and another rool estate agent have a difference of opinion about the fair market value of a property
c. A Macmoo real estate agent completos a transaction com a commission, and generates naos leads that become profitable relationships for
d. A real estate transaction would generate a high commission for an agent but would associate the agency with the destruction of a beloved local
e. A Macmoo agont works excessively to earn a big bonus but neglects her personal life other Macmoo agents landmark
Business
1 answer:
Nikolay [14]3 years ago
5 0

Answer:

A real estate transaction would generate a high commission for an agent but would associate the agency with the destruction of a beloved local landmark.

Explanation:

there would be a conflict of interest between the organisation and the sales person when the interests of both parties do not align.

The goal of the sales person is to earn the highest possible commission. While, the goal of the firm would be to earn profit and a have a positive image.

If the agent makes the sale, he earns a high commission but this would cost the firm its positive image. thus, the interest of both parties are at odds. this would generate a conflict of interest

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If managers are making decisions to maximize shareholder wealth, then they are primarily concerned with making decisions that sh
bogdanovich [222]

Answer:

It is to increase the market value of the firm's common stock (B)

Explanation:

Profits : it is subjective in nature and can be manipulated. Hence, it is not good measure of shareholders wealth maximization.

Increase the market value of the firm's common stock : This is difficult to manipulate because it results from long-term view of business performance through investment in a viable projects . When the company produces good result that give investors good return for their capital, this will have a positive market impact on the share price of the company.

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3 years ago
Retained earnings a.over time will have a direct relationship with the amount of cash on hand if the corporation is profitable.
Gwar [14]

Answer:

d.is the cumulative total of net income, minus net losses, and minus dividends.

Explanation:

As we know that

The stockholder equity statement involves the common stock and the retained earnings statement

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The ending balance of retained earning = Beginning balance of retained earnings + net income or minus net loss - dividend paid

And, the ending balance of the common stock = Beginning balance of common stock + issuance of the shares

3 0
3 years ago
How much should you contribute to the retirement account each pay period to take full advantage of the company match
Varvara68 [4.7K]

d) $16.92

Each paycheck is $22,000/26 times per year = $846.15

Your company will match up to 2% of this. .02*$846.15= $16.92

You should contribute this amount each pay period in order to take full advantage of the "company match" because your company will add that much money into your retirement account on top of what you pay in.

3 0
3 years ago
Which statement best describes the role of a credit agency?
tekilochka [14]

Answer:

The statement best describes the role of a credit agency is "It tracks the use of credit for lenders"

3 0
3 years ago
Tyler Tooling Company uses a job order cost system with overhead applied to products on the basis of machine hours. For the upco
inessss [21]

Answer:

<u>Over Applied Overhead      = $ 4000</u>

Actual Manufacturing Overhead = $45,000

Manufacturing Overhead Applied = $ 49,000

Explanation:

                                          Job 101        Job 102        Job 103

Total Direct materials      $ 19,200     $ 14,400       $ 9,600       $ 43,200

Direct labor                    $ 28,800       $ 11,200        $ 9,600      $ 49,600

Machine hours              1,000 hrs        4,000 hrs      2,000 hrs   7,000 hours

<u>Manufacturing overhead   $ 7000       $ 28,000      14,000 </u>

<u>Total                                $ 55,000         53,600        33,200</u>

Actual overhead costs recorded during the first month of operations totaled $45,000.

<u>Journal Entries </u>

<u>Sr. No                    Particulars                 Debit                   Credit</u>

Job 102              Finished Goods           53,600

                           Work In Process                                     53,600

A journal entry showing the transfer of Job 102 into Finished Goods Inventory upon its completion.

Job 101                Sales                         60,000

                        Cost Of Goods Sold                              60,000

Journal entries to recognize the sales revenue and cost of goods sold for Job 101.

Job 101              Cost of Goods Sold        55,000

                          Finished Goods Inventory                  55,000

Manufacturing Overhead Applied =   $ 7000 + $ 28,000+14,000 = $ 49,000

Job 101 = 1000/60,000 * $ 420,000= $ 7000

Job 102 = 4000/60,000 * $ 420,000= $ 28000

Job 103 = 2000/60,000 * $ 420,000= $ 14000

Actual Manufacturing Overhead = $45,000

<u>Over Applied Overhead      = $ 4000</u>

                                   

      Manufacturing Overhead  Accounts $ 4000  debit                  

              Cost of Goods Sold          $ 4000 Credit

Entry to transfer the balance of the Manufacturing Overhead account to Cost of Goods Sold.

(Entry to reduce the amount of Over applied Overhead)                                

                         

6 0
3 years ago
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