Answer:
Not ok and both broker and agent can be in trouble for lack of supervision
Explanation:
Based on the information provided within the question it can be said that this situation is not ok and both broker and agent can be in trouble for lack of supervision
. This is because the agent and the employing broker are obligated to put the client's interests first and have no authority to withhold any offers from the client. That being said the employing broker also has the responsibility of supervising the employees and making sure that personal views do not affect the business decisions.
Retained profits have several major advantages: They are cheap (though not free) – effectively the "cost of capital" of retained profits is the opportunity cost for shareholders of leaving profits in the business (i.e. the return they could have obtained elsewhere)
Answer:
It is deducted from the workers
Explanation:
All employers are required to deduct social security and medicare taxes from their employees' paychecks. The deducted amounts are remitted to the government through the social security administration authority.
Therefore, the funds for Social Security and Medicare come from the employees' paycheck. It is the workers who contribute these funds from their income.
Answer:
Working capital = Current assets - Current liabilities
= $617,000 - $233,000
= $384,000
Explanation:
Working capital refers to current assets minus current liabilities. It is the capital available for day to day running of a business.
