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2 years ago

Which of the following is a buyer's agent's task or duty?

Business

1 answer:

Alenkinab [10]2 years ago

8 0

Answer:

Representing the buyer's interests

Explanation:

Buyer's agents a person or a group which is hired to bid on a certain assets on behalf of the buyer. People usually use buyer's agent on expensive purchase such as properties, expensive antique, etc.

Buyer's agents are tied by an ethical code that they have to find the assets on the best price possible for the customers, without compromising the quality of the asset itself.

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Dorsey Company’s partial worksheet for the month ended March 31, 2019, is shown below. Open the owner’s capital account (account

Irina18 [472]

Answer:

Net income is $6,100.

Net book value of Equipment is $21,200

Current assets is $25,400

Current liabilities is $9,900

Working capital will therefore be $15,500

Net Assets is $36,700

Capital Less owners drawings is $30,600

Retained earnings is $6,100

Total owners fund is therefore is $36,700

Explanation:

Adjusted trial balance

Fees income (cr) $24,600

Sales and expense (Dr.) $13,800

Rent expense (Dr.) $1,600

Suppliers expense (Dr.) $900

Depreciation (Dr.) $2,200

Equipment (Dr.) $32,000

Accumulated depreciation (cr.) $10,800

Cash (Dr.) $8,900

Accounts receivable (Dr.) $11,800

Supplier (Dr.) $4,700

Accounts payable (Cr.) $9,900

Capital (Cr.) $34,000

Drawings (Dr.) $6,100

Total debit $79,300

Total credit $79,300

5 0

2 years ago

Outdoor Sports paid $12,500 in dividends and $9,310 in interest over the past year. Sales totaled $361,820 with costs of $267,94

Artist 52 [7]

Answer:

c. $57,556

Explanation:

Operating Cash flow = Net Income + Non cash Expenses + net Change in working capital

Operating Cash flow = 44,245 + 16,500 + (-12,500 + 9310)

Operating Cash flow = 57,555

Sales 361,820

Cost (267,940)

Gross Income 93,880

Depreciation (16,500)

Operating Income 77,380

Interest Expense (9,310)

Income before Tax 68,070

Tax 35% (23,825)

Net Income 44,245

7 0

2 years ago

Complete the description of how George financed his car purchase.

Lena [83]

The correct answers are:- B. credit union- B. high-risk
Thus the sentence goes: George bought a new car at a car dealership that offered on-the-spot financing through a CREDIT UNION. George's credit score is poor, but he was still offered a HIGH-RISK loan.
These things are often associated with car dealerships to gain profit quick from customers who are quite impulsive.

4 0

2 years ago

Consider a risky portfolio. The end-of-year cash flow derived from the portfolio will be either $120,000 or $300,000 with equal

Ivanshal [37]

Answer:

a. If you require a risk premium of 8%, how much will you be willing to pay for the portfolio?

the expected value of our portfolio = ($120,000 x 50%) + ($300,000 x 50%) = $210,000

the current market price of the investment = $210,000 / 1.13 = $185,840.71

discount rate = 5% + 8% = 13%

b. Suppose the portfolio can be purchased for the amount you found in (a). What will the expected rate of return on the portfolio be?

13%, it should be equal to the discount rate

c. Now suppose you require a risk premium of 15%. What is the price you will be willing to pay now?

the current market price of the investment = $210,000 / 1.21 = $175,000

discount rate = 5% + 15% = 20%

d. Comparing your answers to (a) and (c), what do you conclude about the relationship between the required risk premium on a portfolio and the price at which the portfolio will sell?

the higher the risk premium, the lower the market price of the portfolio

4 0

2 years ago

A description of the processes you use to ensure that results meet the specified quality standards is a _____.

gulaghasi [49]

Answer:

d. quality assurance plan

Quality assurance plan is meant to ensure that the final products are matching to required quality. There are four basic steps of the quality assurance process: Plan, Do, Check, and Act.

7 0

2 years ago

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