Answer: Chad took an illegal listing
Explanation:
From the question, we are informed that Seller Wanda told her broker Chad that she wants to clear $75,000.00 when she sells her home and that Chad took the listing and sold the home for $150,000 and gave Wanda her $75,000.00 and he kept the other $75,000.00.
In this scenario, Chad took an illegal listing. Wanda has the right to know the amount that the home was sold. All written offers should have been sent to Wanda for her to review.
The 3 areas the Client Needs Assessment tool focuses on to help gather the information needed to select the right QuickBooks Online subscription for a client include <u>Who is the client?</u>
The other areas the tool focuses on to help gather information needed include the following:
- What service does the Client need?
- When does the client need their work completed?
- Also, the Client Needs Assessment tool focuses on the area of "How will the client work be completed?"
Hence, in this case, it is concluded that the <u>Client Needs Assessment</u> tool focuses on the areas of "what, when, who, and how" to gather the right needed to select the right QuickBooks Online subscription for a client.
Learn more here: brainly.com/question/13136031
Answer:
D
Explanation:
Nantell's operating income (EBIT) will increase., because now the company will record lower depreciation expense in the income statement due to increase in the life from 5 to 7 taken for the depreciation purposes. So decline in depreciation will result in higher EBIT.
a. is wrong as lower depreciation means higher net income.
b. is wrong as tax liability will not get impacted as tax will follows old method of depreciation.
c. is incorrect as depreciation is non cash expense thus does not impact cash position and tax has already be on the earlier method.
e. is incorrect as increase in EBIT will result in higher taxable income.
hence option D is the only correct option
Answer:
The invoice price of the bond will be $100,127.88
Explanation:
Bonds are nothing but the debt instrument which a company uses to raise capital from the general public, these bonds can be of both short and long term period.
In the question it is given that bond has a coupon period of 182 days which means the bond is of short term period. Coupon rate of 7% means the bond gives the interest of 7% to its holder semiannually every year on January 15 and July 15.
It is given that the ask price for the bond on January 30 is 100.125 percent on par value of the bond which we are assuming to be $1000, which means the ask price is
$1000 X 100.125 = $100,125 ( ASK PRICE)
now we have to calculate the interest, remember the semiannually payment of interest has already been made on January 15 which means we have to find interest for only 15 days which will be taken out on par value
INTEREST = $1000 x 7% x 15 / 30
= $1000 x .07 x 1/ 2
= $35
INVOICE PRICE = INTEREST X \frac{TOTAL \: NUMBER \: OF \: DAYS}{COUPON \: PERIOD} + Ask price
= $35 X 15 / 182
= $2.884
Now adding this amount in to ask price
$100,125 + $2.884
= $100,127.88 ( INVOICE PRICE)
Answer:
The correct answer is option A.
Explanation:
The demand for cantaloupes is unitary elastic at price level $2.50. The demand curve here is linear and downward sloping. The elasticity of demand is 1.
In this linear demand curve the lower portion will represent inelastic demand.
When the price level is reduced to $2 the demand will move to the lower portion of the curve, with fall in price and increase in demand.
So, at $2 price the demand will be inelastic, which means it will be between 0 and 1.
