answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Serggg [28]
2 years ago
12

Century Real Estate’s primary broker is John Kerr. John is licensed as the broker of that company and he is licensed as a broker

sales associate in his brother-in-law’s firm of Boch Real Estate, where John only works once a week or so. In this case:
Business
1 answer:
fomenos2 years ago
3 0

Answer:

The broker is doing two different jobs; so it is okay to have two different licenses.

Explanation:

In this case, since the broker is doing two different jobs then it is okay for him to have two different licenses. In a hypothetical case that the individual Broker was doing the same job role for two different companies then that would be considered a form of conflict of interest and may cause problems with both firms in the future. Since this is not the case, then he should not have any problem.

You might be interested in
The efforts of employees who work directly to convert direct materials into the finished product are referred to as ______
Alex_Xolod [135]

Answer:

Direct labor

Explanation:

The role of direct labor is to convert direct material into the finished products. Without the help of direct labor, it is impossible to convert the direct material into the finished goods.

Here, the direct material means the labor which works on manufacturing a product which is directly related to the production level. The allocation of direct labor is done based on the number of hours worked or product.

Hence, The efforts of employees who work directly to convert direct materials into the finished product are referred to as direct labor

7 0
2 years ago
At the end of the day, the cash register tape shows $1,000 in cash sales but the count of cash in the register is $1,035. The pr
creativ13 [48]

Answer:

correct answer is C. Credit to Cash Over and Short for $35

Explanation:

given data

cash sales = $1,000

cash in register = $1,035

solution

we actual cash per the count is  $1,035

Cash account will be debited by the same

and Sale account will be credit to extent

and difference in count of cash and the cash register tape as

difference in count of cash = $1035 - $1000

difference in count of cash = $35

so correct answer is C. Credit to Cash Over and Short for $35

3 0
2 years ago
Which of the following is not part of the flow of events in variance analysis: Multiple Choice
IrinaK [193]

Answer: a.Working to ensure that all variances are favorable.

Explanation:

Variance Analysis is an analysis of the difference between planned and actual numbers. For example of $599 was budgeted for bills but only $500 was paid, $99 would be the Variance.

Summing Variances up gives a picture of performance for a particular period of time in relation to if one has OVER -PERFORMED or UNDER-PERFORMED

The following are steps in Effective Variance Analysis Management

1. Identifying questions and their explanations

2. Preparing standard cost performance reports

3. Taking corrective and strategic actions

4. Computing and analyzing variances.

Option A is not included therefore it is the correct option.

If you require any further clarification do react or comment.

3 0
1 year ago
You have $55,000 in a savings account that pays 2% interest per year. The inflation rate that year is 3.24%. To calculate simple
Len [333]

Answer:

How much do you make in interest in a year?

<u>$  1100</u>

How much would you need to have made for your spending power to keep up with inflation in that year?

<u>$  1782 </u>

How much buying power did you lose in that year because of inflation?

<u>$  682 </u>

Explanation:

Your interest formula is given to you.

Interest in a year = principal (the amount invested) * rate (the interest rate) * period (the time you're measuring)

Interest = 55,000 * 2% * 1 year = 55,000 * 0.02 * 1 = $1,100

How much would you need to have made for your spending power to keep with inflation?  Your interest rate would have needed to match the inflation rate, otherwise prices are going up faster than you're saving.

Required interest = 55,000 * 3.24% * 1 year = 55,000 * 0.0324 * 1 = $1,782

How much buying power did you lose?  The difference between your required interest and your actual interest.

Buying power lost = 1,782 - 1,100 = $682.  You lost this much in buying power.

Hope that helped :)

6 0
1 year ago
DAA's stock is selling for $15 per share. The firm's income, assets, and stock price have been growing at an annual 15 percent r
DaniilM [7]

Answer:

This question is incomplete since the required return is not pasted here. I checked on the web and found similar question with the firm's required rate of return is 18 percent. You can use this to solve the question as follows.

Explanation:

Use Dividend Discount Model (DDM) to find the intrinsic value of the stock.

Find the present value of dividends

D3 = 2

PV(of D3) = 2/(1.18^3) = 1.2173

D4 = D3(1+g) = 2(1+0.06) = 2.12

PV(of D4) = \frac{\frac{2.12}{0.18-0.06} }{1.18^{3} }

PV (of D4) = 17.6667/ 1.6430 = 10.7527

Next, sum up the present values ;

= 1.2173 + 10.7527

= $11.97

Therefore, DAA's stock is currently overpriced ,so you should not buy it since it is only valued at $11.97 and not $15.

6 0
2 years ago
Other questions:
  • A truck costs​ $303,000 and is expected to be driven​ 115,000 miles during its five minus −year life. residual value is expected
    11·1 answer
  • Billy Bob's Barber Shop knows that a 5 percent increase in the price of their haircuts results in a 15 percent decrease in the n
    8·1 answer
  • Beck Manufacturing reports the information below for 2017. Raw Materials Inventory Begin. Inv. 10,000 Purchases 45,000 Avail. fo
    11·1 answer
  • Kaila Company's financial statements show a net income of $567,000 in 2019. The following items also appear on Kaila's balance s
    8·1 answer
  • A firm has $100 million in current liabilities, $200 million in total long-term liabilities, $300 million in stockholders' equit
    15·1 answer
  • Diana is running a successful remarketing campaign. She wants to expand her reach with other targeting options. While creating a
    12·1 answer
  • Finley Co. is looking for a new office location and sees a building with a fair value of $400,000. Finley also notices that much
    9·1 answer
  • Financial information is presented below: Operating expenses $ 45,000 Sales returns and allowances 4,000 Sales discounts 6,000 S
    7·1 answer
  • A flexible budget for 15,000 hours revealed variable manufacturing overhead of $90,000 and fixed manufacturing overhead of $120,
    13·1 answer
  • The United States has accused China of Multiple Choice contributing to the skyrocketing price of aluminum. reducing barriers in
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!