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dsp73
2 years ago
12

Brad Gordon, a real estate agent, brings together the buyers and sellers of houses as well as commercial property. Brad helps th

e parties negotiate the terms and conditions of real estate sales, but he does not take title to the property, provide credit, or assume any risks associated with the exchanges he helps negotiate. Because Brad provides only limited services, he is not a true marketing intermediary.
A) True
B) False
Business
2 answers:
Jobisdone [24]2 years ago
8 0

Answer:

Answer: False

Explanation:

A market intermediary can be said to be an individual or group that serves as a link between the manufacturers/owners and others such as intermediaries or the final buyer.

There are four types of marketing intermediaries, namely: Agents, Wholesalers, Distributors and Retailers.

Agents; they serve as intermediaries between buyers and sellers in exchange for an agreed commission.

Wholesalers; they buy products from manufacturers in large quantities and then sell them.

Distributors; like Agents, they do not buy from the manufacturers instead they help distribute in exchange for an agreed commission or prearranged fee.

Retailers; they sell to the final consumer.

Brian Gordon, the real estate agent falls under the agent category therefore, he is a true marketing intermediary.

My name is Ann [436]2 years ago
4 0

Answer:

False

Explanation:

As a marketing intermediary, Brad Gordon has done his part according to the function of a marketing intermediary since he has negotiated an exchange. it doen't reduce his job as a marketing intermediary.

It is left for the connected parties to provide credits or assume risk associate dwith the exchange.

i hope this helps.

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If your friend Raheem asks you, “What type of account should I use to save for retirement,” what would you tell him?
SSSSS [86.1K]

Answer:

Roth IRA account

Explanation:

The best type of account that you should save money in for Retirement is a Roth IRA account. This will allow you to put and save a maximum of $5,500 USD per year which will compound annually with interest and can be redeemed when you retire. Once you redeem your money at the age of 65 1/2 it will be completely tax-free. Meaning you have no liabilities with that money whatsoever and you can simply enjoy your retirement with that money.

7 0
2 years ago
Last year, you estimated you would earn $5 million in sales revenues from developing a new product. So far, you have spent $3 mi
luda_lava [24]

Answer:

The answer is b. Up to $4 million.

Explanation:

It is critical to recognize that $3 million already spent on developing the product is the sunk cost, which is irrelevant cost that should not be included in the budget further spend for the new product.

As the new product is expected to generate a revenues of $4 million, the further cost should be spent on the new product development should not be exceeded the $4 million.

Thus, the answer is b. Up to $4 million is the correct choice.

8 0
2 years ago
Discovering data-based trends by analyzing sequences of data over successive times to not only recognize the data pattern but fo
Damm [24]

Answer:

c. Time series analysis

Explanation:

Time series analysis is a type of technique used in statistics to analyse data that are based on time and current happenings. Such data are time and period based.

There are 3 types of time series analysis data.

a. Pooled data.

b. Cross section data.

c. Time series data.

Time series analysis helps to determine seasonal variance, trends and future forecast.

8 0
2 years ago
Read 2 more answers
Ultra Co. uses a periodic inventory system. The following are inventory transactions for the month of January: 1/1 Beginning inv
creativ13 [48]

Answer:

$830,000

Explanation:

Ultra Co.'s inventory for January:

Date               Number of units   Unit balance      Unit cost     Total cost   

January 1             20,000                20,000               $13         $260,000       

January 20          30,000                50,000               $15         $710,000          

January 23          40,000                90,000               $17        $1,390,000      

<u>January 31          (50,000)                                       ($16.60)    ($830,000) </u>

Ending inventory                             40,000                              $560,000

Using the last-in, first-out (LIFO) method, the COGS = (40,000 units x $17 per unit) + (10,000 units x $15 per unit) = $680,000 + $150,000 = $830,000                                          

5 0
2 years ago
Castillo Services paid K. Castillo, the sole shareholder of Castillo Services, $5,700 in dividends during the current year. The
SVEN [57.7K]

Answer:

The entry to record Dividend Paid will be;

Retained Earnings (Dr.) $5,700

Cash   (Cr.) $5,700

Explanation:

When the Castillo Services declares dividend it should record journal entry as  

Retained Earnings (Dr.) $5,700

Dividend Payable (Cr.) $5,700  

And when the Dividend is paid to its sole shareholder K. Castillo, the journal entry will be  

Dividend Payable (Dr.) $5,700

Cash   (Cr.) $5,700  

To now close the Dividend account at the end of the year it should record the adjusting entry as,

Retained Earnings (Dr.) $5,700

Cash   (Cr.) $5,700

6 0
2 years ago
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