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Sophie [7]
2 years ago
11

Assuming that the listing broker and the selling broker in a transaction split their commission equally, what was the sales pric

e of the property if the commission rate was 6.5% and the listing broker, after paying the selling broker, kept $2,593.50?
a. $88,400
b. $79,800
c. $76,200
d. $39,900
Business
1 answer:
Contact [7]2 years ago
5 0

Answer:

b. $79,800

Explanation:

the commission is split in two equal part

one for the listing broker and one for the selling broker.

if the selling kept 2,593.5

then, the listing also receive 2,593.5

We add them and obtain the total commission:  5,187

This represent the 6.5% of the property

now, we calculate for the total value of the real state:

property x broker commision = broker proceeds

property x 6.5% = 5,187

property = 5,187/6.5% = 5,187/.065 = 79,800

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E) personality

Explanation:

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4 0
2 years ago
After graduation, you decide that you can pay $203.24 per month extra on your student loan (standard monthly payment is 302.99),
Bumek [7]

Answer:

120 months or 10 years earlier

Explanation:

The computation of the number of years early would pay off the loan is  shown below:

By using the financial calculator

RATE = 4% ÷ 12

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6 0
2 years ago
Allison is debating about hiring Jim for a new position at her firm producing computer software. She estimates that Jim will add
schepotkina [342]

Answer:

The maximum wage Allsion would be willing to hire Jim is $500 per a day.

Explanation:

Since Jim's appearance at the firm is estimated to create an additional revenue of $500 per day, for the firm to be profitable from hiring Jim to work for them, the additional cost incurred from hiring him - that is his salary, should not exceed $500 per a day.

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1. What recommendations would you make to Jim to help him improve the financial
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Answer:

Hello your question is incomplete below is the complete question

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answer: The recommendations that should be made to Jim to help him improve the company's financial performance is, Jim should work on selling off his old inventories before ordering more

Explanation:

The recommendations that should be made to Jim to help him improve the company's financial performance is, Jim should work on selling off his old inventories before ordering more, this is because The Average inventory turnover ratio for Waveriders is lower than the Industry's Average inventory turnover ratio. and this is caused by inadequate inventory management  ( overstocking or low sales ) and this is affecting The financials of Waveriders

6 0
2 years ago
An easement that is acquired by a use that is hostile to the interests of the owner is an easement by ???
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