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Phantasy [73]
2 years ago
14

A real estate licensee typically allows the licensee to A) give tax advice to a prospective purchaser of real estate. B) provide

legal advice to clients but not customers. C) represent clients and customers in residential or commercial property transactions, but not both. D) specialize in any category of real property.
Business
2 answers:
natka813 [3]2 years ago
7 0

C) represent clients and customers in residential or commercial property transactions, but not both.

A real estate licensee refers to an individual who holds an active license as a real estate broker, principal real estate broker or licensed real estate property manager.

A real estate licensee has permission to enter into a property they represent with the general public. This means that the owner of the real estate grant the agent his or permission to make use of the land.

Other duties of a real estate licensee are :

  1. Determining clients’ needs and financials abilities to propose solutions that suit them.
  2. Providing guidance and assisting sellers and buyers in marketing and purchasing property for the right price under the best terms.

Learn more about real estate licensee here : brainly.com/question/25506644

nordsb [41]2 years ago
6 0

The thing which a real estate license allows the licensee to be able to perform is to:

  • D) Specialize in any category of real property.

<h3>Real Estate licensee </h3>

A real estate licensee is a person who has the legal backing to be able to show prospective home owners various house listings and to also help them make a choice.

With this in mind, when a licensee becomes legal, that is has the backing of the government, then he can be allowed to specialise in any category of real property such as:

  • Residential
  • Commercial
  • Raw land, etc

Therefore, the correct answer is option D

Read more about real estate license here:

brainly.com/question/15682017

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Cushenberry Corporation had the following transactions. 1. Sold land (cost $12,000) for $15,000. 2. Issued common stock at par f
Eduardwww [97]

Answer:

Entries are given

Explanation:

We will record assets and expenses on the debit as they increase during the year and will record liabilities and capital on the credit side as they increase during the year or vice versa.

Sold land (cost $12,000) for $15,000.

Dr Cash                  15,000

Cr Land                                          12,000

Cr Gain on Sale                             3,000

Increase investing cash flows by 15,000. and 3000 gain will be deducted from operating activities

Issued common stock

Dr Cash                                            20,000

Cr Common Stock                                        20,000

Increase financing cash flows by 20,000

Recorded depreciation on buildings for $17,000.

Dr Depreciation Expense             17,000

Cr Accumulated Depreciation                      17,000

This will not affect cash flow.

Paid salaries of $9,000.

Dr Salaries Expense                     9,000

Cr Cash                                                          9,000

Decrease operating activities cash flow by $9,000.

Issued 1,000 shares of $1 par value common stock for equipment

Dr Equipment                                                8,000

Cr Additional paid-in capital Common Stock            7,000

Cr Common Stock                                                          1,000

It doesn't  involve any cash however affects the company financial position so it will be recorded in schedule of non cash financing and investing activities

Sold equipment (cost $10,000, accumulated depreciation $7,000) for $1,200.

Dr Cash                                         1,200

Dr Accumulated Depreciation    7,000

Dr Loss on Disposal                     1,800

Cr Equipment                                                        10,000

There would be an increased cash flow of $1,200 under investing activities.

3 0
2 years ago
A list of skills, abilities, education, and experience required for a position is called a job analysis.
Zarrin [17]
True. because it analyzes ones abilities to do certain things so they can qualify for different positions.
8 0
3 years ago
Leona, whose marginal tax rate on ordinary income is 37 percent, owns 100 percent of the stock of Henley Corporation. This year,
riadik2000 [5.3K]

Answer: See explanation

Explanation:

First and foremost, it should be noted that there's a flat tax rate of 21% on the taxable income, therefore the after tax income will be:

= (1 - 21%) × $1 million

= 79% × $1 million

= $790,000

Therefore, the amount of the dividend payment is $790,000 which is given to Leona.

The after tax cash flow from the dividend receipt will be:

= $790,000 - (20% × $790,000)

= $790,000 - (0.2 × $790,000)

= $790,000 - $158,000

= $632,000

Therefore, the total tax by Henly and Leona will then be:

= $210,000 + $158,000

= $368,000.

This is 36.8% (368000/1 million) of the tax rate.

5 0
2 years ago
In the 2-factor, 2-good Heckscher-Ohlin model, the country with a relative abundance of ________ will have a production possibil
Nat2105 [25]

Answer:

The answer to this question is  (c) Labour, Labour intensive

In the 2-factor, 2-good Heckscher-Ohlin model, the country with a relative abundance of labour will have a production possibility frontier that is biased toward production of the labour intensive good

Explanation:

The Heckscher-Ohlin model is an economic theory that proposes that countries export what they can most efficiently and plentifully produce.  

The model emphasizes the export of goods requiring factors of production that a country has in abundance. It also emphasizes the import of goods that a nation cannot produce as efficiently. It takes the position that countries should ideally export materials and resources of which they have an excess, while proportionately importing those resources they need.

Therefore in regard to the question above,

In the 2-factor, 2-good Heckscher-Ohlin model, the country with a relative abundance of labour will have a production possibility frontier that is biased toward production of the labour intensive good  

Hence the answer is the third option, Labour, Labour intensive

5 0
3 years ago
Based on your understanding of P/E ratios, in which of the following situations would the average trailing P/E ratio (current pr
bija089 [108]

Answer:

The outlook for the economy and the markets is for an improvement.

Explanation:

p/e ratio = price / earning

the higher the equity, the lower the ratio

If the p/e ratio is expected to be higher, it means that the equity would have to be lower this year than next year .

this implies that earnings would be higher next year and p/e ratio would be lower. this means there is a positive economic outlook

8 0
2 years ago
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