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3 years ago

What is the gross income for a real estate agent in 2021?

Business

1 answer:

Sergeu [11.5K]3 years ago

8 0

Answer:

It depends on where you live and your experience level, but in the US a real estate agent can make approximately $82,898 a year, while you can expect to be paid around 15 to 30 thousand a year, within the first few years.

I hope this helps :)

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When an employee/shareholder receives a business incoLogan, a 50-percent shareholder in Military Gear Incorporated (MG), is comp

Delicious77 [7]

Answer:

$1346.78688588627862

5 0

3 years ago

Adam is a traveling salesperson for Peter Petri Plumbing Supply Corp. Adam has express authority to solicit orders from customer

Juliette [100K]

Answer:

Explanation:

Liability of Petri:

On all the purchases, if payment is made within 30days from delivery, Petri gave the authority of a 5% discount to Adam. Upon extension of credit to customers, no terms were given to Adam.

In the case under consideration, Adam explicitly gave a false representation of his authority to get more sales on his account and thus, Petri is NOT accountable to John on his terms with Adam.

Liability of John:

Being a customer to Petri, John has to discover the detailed terms on discount and other payment terms with Petri when he called Petri. John is also accountable to make clarifications whether Adam has the authority to give a 10% discount and making payment in three installments.

In the case under consideration, John has failed to find the exact details on whether Adam has the authority to give a 10% discount. Thus, he is accountable to make the payment of $9500 in 30days.

6 0

3 years ago

Chandler Sporting Goods produces baseball and football equipment and lines of clothing. This year the company had cash and marke

Lapatulllka [165]

Answer:

The company's net working capital is $2123612

Explanation:

Working Capital

Current Assets:

Cash & marketable securities worth $335,485

Inventory of $1,651,599

Accounts receivables $1,488,121

Other current assets $121,427

Total Current Asset $3,596,632

Less:

Current Liabilities:

Accounts payable worth $1,159,357

Short-term notes payable worth $313,663

Total Current Liabilities $1,473,020

Net Working Capital $2,123,612

7 0

3 years ago

Jane currently has $5,000 in her savings account and $2,000 in her checking account at the local bank. Instructions: Use a posit

diamong [38]

Answer:

Change in M1 $400

Changd in M2 $0

Explanation:

The money which is been held by individuals in savings accounts is part of the M2 money supply, but its not part ofthe M1 money supply.

Hence when Jane withdraws $400 cash from her savings account,the M1 money supply will increases by $400. However, the M2 money supply does not tend to change reason been that the M1 money supply is included as part of the M2 money

Change in M1 $400

Changd in M2 $0

7 0

3 years ago

On January 1, 2017, MM Co. borrows $350,000 cash from a bank and in return signs an 4% installment note for five annual payments

frez [133]

Answer:

a. Journal entry to record the issue of notes

Date Account Title & Explanation Debit $ Credit $

Jan 1 Cash 350,000

Notes Payable 350,000

(To record the issue of notes payable)

b. Calculation of Interest Expenses

Particulars Amount $

Beginning balance of loan payment 350,000

Annual interest rate 4%

Interest expenses 14,000

Hence the interest expenses = $14,000

Principal amount is calculated as the difference between the annual payment and the interest expenses as seen below

Particulars Amount $

Annual payment 96,590

Less: Interest expenses 14,000

Principal Payment 82,590

Hence, the principal payment =$82,590

6 0

3 years ago