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Nataly_w [17]
2 years ago
10

The amount of a real estate broker's commission is

Business
1 answer:
zvonat [6]2 years ago
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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A company received a bill for newspaper advertising services, $340. the bill will be paid in 10 days. how would the transaction
Sladkaya [172]

The transaction for the bill for newspaper advertising services will be recorded today as a debit to Advertising Expenses and a credit to Accounts Payable (Advertising Payable).

<h3>How is an accrued expense recorded?</h3>

An accrued expense refers to an incurred outgoing that the service has been enjoyed previously and payment is due later.

According to the matching principle and accrual concept of generally accepted accounting principles, all expenses incurred within a financial period must be recognized in that period whether cash has been exchanged or not.

Thus, the transaction for the bill for newspaper advertising services will be recorded today as a debit to Advertising Expenses and a credit to Accounts Payable (Advertising Payable).

Learn more about recording accrued expenses at brainly.com/question/14524895

#SPJ1

6 0
1 year ago
A homebuyer wishes to finance the purchase with a $95,000 mortgage with a 20-year term. What is the maximum interest rate the bu
galina1969 [7]

Answer:

0.811% per month is the amximum rate it can affor

or 9.732% annual rate with monhly compounding.

Explanation:

We have to solve for the rate at which the monthly payment equals 900 dollars.

C \times \frac{1-(1+r)^{-time} }{rate} = PV\\

C 900.00

time 240

rate r

PV $95,000.0000

900 \times \frac{1-(1+r)^{-240} }{r} = 95,000\\

Given the complexity of the formula we solve using excel or a financial calcualtor

we write on a1 =PV(A2;240;95000)

on a2 we write any number between 0 and 1

then we use goal seek tool adn define that we want A1 to be 95,000 by changing A2 (which is the argument for rate)

the value of A2 after this is our answer:

900 \times \frac{1-(1+0.00811)^{-240} }{0.00811} = PV\\

PV $95,000.0000

5 0
3 years ago
PackMan Corporation has semiannual bonds outstanding with nine years to maturity and the bonds are currently priced at $754.08.
Alja [10]

Answer:

b. 8.225%

Explanation:

The rate formula will be used to solve this question.

Please note that the NPER represents the time value.

Where;

Present value is $754.08

Let's assume that the face value is $1,000

PMT= 1,000 x 7.25% ÷2

=$36.25

NPER= 9 years x 2

= 18 years

The formulae is therefore

Rate(NPER,PMT,-,PV,FV)

The value of the present value is negative.

a. The pretax would therefore be 11.75%

b. After tax cost of debt would be ;

Pretax cost of debt x (1 - tax rate)

11.75% x (1 - 30%)

11.75% x (1 - 0.03)

=8.225%.

4 0
3 years ago
Assume a domestic company in the US, let's say Colgate-Palmolive, is deciding to export to a country where to date Colgate produ
MrMuchimi

Answer:

agent method of entry

Explanation:

Agent method of entry will demonstrate lower fixed costs associated.

8 0
3 years ago
Read 2 more answers
The Keynesian link between the money market and the goods and services market is __________. Changes in the money market must af
Vsevolod [243]

Answer:

Indirect; investment.

Explanation:

John Maynard Keynes was a British economist born on the 5th of June, 1883 in Cambridge, England. He was famous for his brilliant ideas on government economic policy and macroeconomics which is known as the Keynesian theory. He later died on the 23rd of April, 1946 in Sussex, England.

The Keynesian link between the money market and the goods and services market is indirect. Changes in the money market must affect the investment market before the goods and services market is affected.

According to the Keynesian Transmission Mechanism, the link between the money market and the goods and services market is indirect; because at first, short-term interest rates are lowered by an increase in the supply of reserves and then with time both the bond and bank loan rates falls. Consequently, this would make investments and aggregate demand (AD curve shifts rightward) to rise or increase as a result of the low cost of capital for investors and by extension it boost the level of production or quantity of output (real gross domestic product or Real GDP).

<em>This ultimately implies that, the interest rates affects the real and costs of capital (monetary changes). </em>

5 0
2 years ago
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