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2 years ago

The amount of a real estate broker's commission is

1 answer:

8 0

In India, the majority of properties are sold with the help of a real estate broker or agent. When the broker helps a seller and buyer get in touch with each other and both the parties agree to engage in the transaction, then both the parties are required to pay a certain %age of the property value as a fee to the real estate broker. Read below to know about the real estate broker commission rates India:

There are no specific guidelines laid for the commission paid to real estate brokers. In India, real estate agents usually ask the seller and the buyer to pay 1-2% of the deal value as their commission, also known as the real estate brokerage fee.

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The following information was available for Pete Company at December 31, 2013:

Leno4ka [110]

Answer:

8.2

Explanation:

See attached picture.

5 0

3 years ago

Steve's employer offers a health plan that stresses preventive services and covers routine immunizations and checkups, screening

Tems11 [23]

The correct answer is an HMO.

An HMO is the abbreviation for a Health Maintenance Organization. An HMO health insurance plan places an emphasis on preventive services and routine screenings. With this type of insurance plan an individuals health care is normally managed by their primary care physician, who would refer the patient to other providers for specialty care when they need it.

8 0

3 years ago

Robust Resources expects to sell 440 units of Product A and 400 units of Product B each day at an average price of $18 for Produ

AleksAgata [21]

Answer:

Company's budgeted sales for the next week=$131,040

Explanation:

Step 1

Determine the total sales per day for Product A

Total sales=price per unit×expected number of units to be sold

where;

price per unit=$18

expected number of units to be sold=440 units

replacing;

Total product A sales per day=(18×440)=$7,920

Step 2

Determine total product B sales per day

Total sales=price per unit×expected number of units to be sold

where;

price per unit=$27

expected number of units to be sold=400 units

replacing;

Total product B sales per day=(27×400)=$10,800

Step 3

Total sales per day=total product A sales+total product B sales

total sales per day=(7,920+10,800)=$18,720

For the week=18,720×7=$131,040

Company's budgeted sales for the next week=$131,040

3 0

3 years ago

Blank include long term investments such as real estate and retirement savings

frutty [35]

A capital market is the market that include long term investments such as real estate and retirement savings.

<h3>What is a capital market?</h3>

This refers to financial system that is particularly concerned with raising capital by dealing in shares, bonds, and other long-term investments.

Hence, because real estate and retirement savings forms part of long-term investments, they are part of capital market.

Read more about capital market

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8 0

2 years ago

11. Consider the Ganges Tours, Inc. financial statements below. Calculate the following ratios:a. Current ratio.b. Quick ratio.c

notsponge [240]

Answer:

a. 1.79

b. 0.78

c. 0.30

d. 0.43

Explanation:

a. The Current Ratio checks if the company can cover it's current Liabilities with it's current assets. The formula is;

Current Ratio = Current Assets / Current Laibilities

= $305,800 / $170,000

= 1.79

b. The Quick Ratio is similar to the Current Ratio but it calculates if a company can cover it's Current Liabilities with it's liquid assets.

Quick Ratio = Current Assets - Inventory / Current Liabilities

= ($305,800 -$173,800) / $170,000

= 0.78

c. The Cash Ratio checks whether the company can pay it's current Liabilities with it's cash or cash equivalent (Treasury Securities, bank account etc) holdings. Formula is;

Cash Ratio = (Cash+Cash Equivalents) / Current Liabilities

= $50,600 / $170,000

= 0.30

d. Debt ratio shows just how much of the company's assets were acquired through the use of Debt Financing. It's formula is;

Debt Ratio = Current Liabilities + Long Term Liabilities / Total Asssets

= $170,000 +$316,000 / $1,131,800

= 0.43

6 0

2 years ago