Answer:
a) net income will increase
Explanation:
The business must record the Account Receivable (Debit – Asset increased) against de income for the Revenue (Credit – Equity increased). Then will record the loss for the Cost of Sold Goods (Debit – Equity decreased) against the exit of the sold goods (Credit – Asset – decreased). As the income (Revenue) will be larger than the loss (Cost of Sold Goods), the Net Income will be increased.
Available options are:
A salesperson who has held a valid license within the last 3 years
A broker who surrendered his broker license and has been employed as a salesperson since the surrender
A broker associate who had a valid salesperson license five years ago
A broker associate who held a broker associate license two years ago
Answer:
A broker associate who had a valid salesperson license five years ago
Explanation:
The Department may choose to grant an exception to the examination requirement under certain circumstances except "a broker associate who had a valid salesperson license five years ago."
This is because in the United States, for the real estate brokers to renew a license they need to undergo an examination as part of the requirements. However, they may be granted an exception under specific situations such as
1. When they still hold a valid license within the last 3 years
2. When they hold broker associate valid license within the last two years
3. When they are now into salesperson employment.
Hence, considering the available options, the correct answer is "A broker associate who had a valid salesperson license five years ago."
Project X has a $20,000 start-up cost and a $25,000 cash inflow in year 3. Project Y has a $40,700 cost and generates cash flows of $12,000, $25,000, and $10,000 over the course of its first three years. The projects are mutually exclusive, and the discount rate is 6%. You should approve the project in the end based on the irrs and npv of each individual project as well as your own assessment of those factors. X;Y:Y.
Start-up costs are the costs a business spent or incurred to establish an active trade or business, or to research establishing or acquiring an active trade or business. Start-up costs are sums paid or expended in connection with a current profitable activity that is intended to generate money prior to the activity becoming a fully operational trade or business. Equipment, incorporation fees, insurance, wages, and taxes are just a few of the startup costs. Although startup costs will differ depending on your business's industry and type, an expense for one firm might not be applicable to another. It helps you effectively launch your firm and maintain profitability after your doors are open to understand your expenses and how you will manage them.
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