Answer:
The correct answer is owes commission to the broker.
Explanation:
The remuneration of real estate agents, in most transactions, is carried out as follows:
Two agents participate in the transaction: the one that represents the seller and the one that represents the buyer; It is the seller of the property responsible for paying the commission, which generally ranges between three percent (3%) and six percent (6%) on the sale price, and which is often divided into parts equal between both agents.
The homebuyer in most cases does not pay any commission to the real estate agent.
It is normal for the owner to try to sell his real estate directly, without hiring the real estate agent, based on the belief that this saves six percent (6%) of the commission charged by this professional; and it does not notice that in reality the direct sale supposes for the owner some expenses that, for the most part, equal that percentage; and, expenses which, are assumed by the real estate agent; being some of them, those mentioned above such as: Cost of printed advertising (flyers, brochures, "open-houses"), selection of potential buyers, visits to real estate; in short, a series of activities that translate into a benefit for the seller, insofar as the real estate agent assumes responsibilities that have not only an economic value, but a security and time value that prevents it from eventual stressful situations and risk to your person and your family group.
Answer:
net income increased by $1,537.50
Explanation:
Obviously, the original income statement is missing, so I looked for a similar question:
sales revenue $16,500
COGS <u>($9,300)</u>
Gross profit $7,200
Operating exp.:
- Administrative $950
- Depreciation $1,300
- Shipping $412.50 <u>($2,662.50)</u>
Net income $4,537.50
net income increased by $4,537.50 - $3,000 = $1,537.50
Answer: 14.63%
Explanation:
Based on the information given in the question, the effective annual cost of credit will be calculated as:
Effective annual cost of credit = [Interest rate/ (100 - Deposit Rate)] x 100
= [12 /(100 - 18)] x 100
= (12 / 82) × 100
= 0.1463 × 100
= 14.63%
The effective annual cost of credit is 14.63%.
Answer:
Contribution margin per unit = $40
Explanation:
Provided information we have,
Selling price of unit = $100
Variable cost per unit = $60
Total monthly fixed cost = $30,000
Number of units sold = 1,000
Contribution margin per unit = ?
Therefore, we know contribution margin per unit = Selling price per unit - Variable cost per unit = $100 - $60 = $40
Therefore, contribution for total units sold = $40 
1,000 = $40,000
Final Answer
Contribution margin per unit = $40
Answer:
so that they know that u appreciate that they gave you their time and energy so they can help you and their company.
Explanation:
