A real estate professional leased a building for 10 years at an annual rent of $48,000. She will receive a commission of 7.5% for the first five years, 5% for the next three years, and 3.5% for the final two years. What will her gross income be from this commission over the life of the lease

Answers

Answer 1

Her gross income from this commission over the life of the lease is $28,560.

Commission for the first five years

Commission=5×(48,000× .075)

Commission=5×3600

Commission=$18,000

Commission for the next three years

Commission=3×(48,000 ×.05)

Commission=3×2,400

Commission=$7,200

Commission for the final two years

Commission=2×(48,000 ×.035)

Commission=2×1,680

Commission=$3,360

Gross income commission:

Gross income commission=$18,000+$7,200+$3,360

Gross income commission=$28,560

Inconclusion her gross income from this commission over the life of the lease is $28,560.

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Related Questions

When countries specialize in the production of goods they have the comparative advantage in, both ___________ and ___________________ will increase

Answers

Based on the question above, demand and supply will increase.

Demanddemand is the quantity of a good that consumers are willing and able to buy at various prices during a given period of time.

Supply supply is the amount of a resource that firms, manufacturers, labourers, providers of financial assets, or other economic agents are willing and able to provide to the marketplace or to an individual.

Therefore, the correct answers are demand and supply.

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The equilibrium quantity in markets characterized by oligopoly is:

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It should be noted that equilibrium quantity in markets characterized by oligopoly is higher than in monopoly markets and lower than in perfectly competitive markets.

An oligopoly can be regarded as a market which posses a small number of firms, and these firms posses some interdependency as regards the pricing and output policies.

The equilibrium quantity in markets as regards oligopoly is different from Monopoly because the equilibrium here is usually high.

Therefore, in oligopoly equilibrium quantity in markets is usually more compare with monopoly markets.

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What do dymanic link libary files do

Answers

A dynamic link library is a collection of small programs that larger programs can load when needed to complete specific tasks. The small program, called a DLL file, contains instructions that help the larger program handle what may not be a core function of the program.

a grocery store in a perfectly competitive market can

Answers

Answer:

A grocery store in a perfectly competitive market can. reduce its advertising budget more than its competitors. differentiate its product with respect to other firms. ignore profit-maximizing strategies. freely enter or exit the market.

Sen Corp., a publicly-traded, mid-cap company, wanted to obtain $30 million in new capital to expand its Iowa plant. Cost of capital was a factor in making the decision. Sen Corp. could either issue new preferred stock or new debentures. Sen Corp.'s underwriter estimated that preferred stock should have an annual dividend payout of $6 and an issue price of $103 per share. The debentures should have a coupon interest rate of 9% and an issue price of $101. Sen Corp.'s marginal income tax rate was 40%.

Required:
What approaches describes Sen Corp.'s best strategy?

Answers

Based on the information given, the approach that describes the strategy that was used by the company is that Sen Corp. should issue the debentures since the after-tax cost of debt (5.347%) would be less than the cost of equity (5.825%).

A debenture simply refers to the rule of bond that's unsecured by collateral. Debentures typically rely on the reputation of the issuer.

From the complete information, the company wants to obtain $30 million in new capital to expand its plant. Therefore, it's appropriate to issue the debentures since issue the cost of equity is more than the after-tax cost of debt.

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When looking for pre-approval on a car loan you should NOT...

Answers

When looking for pre-approval on a car loan you should NOT get a loan from the car dealer directly to keep things simple.

Pre-approval occur when the lender has check or go through all the report of your credit so as to know the amount he or she will likely lend you as well as the interest rate.

Pre-approval tend to give the  borrower the assurance that he or she will be given the car loan by the lender.

It is important that you compare the pre-approval offers given to you so as to choose or select the offer that is best for you and you should avoid getting the car loan directly from the car dealer, ensure that you follow the due process.

Inconclusion when looking for pre-approval on a car loan you should NOT get a loan from the car dealer directly to keep things simple.

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The rate at which a business increases revenue from sales is

Answers

Answer:

There are only four ways to increase revenue in your business: increase the number of consumers, increase the average transaction size, increase the frequency of transactions per client, and raise your rates.

Explanation:

PLEASE HELP ASAP!!!! (><) IT’S TIMED!!!

Gidgits Galore's payment plan under Chapter 11 was rejected by its committee of creditors, and the court
agreed and dismissed its petition. Gidgits Galore now seeks to file a petition in Chapter 7 to liquidate. The bank loaned Gidgits Galore $10,000 and secured the loan with a lien on 1,000 gidgits but did not file a financing statement. The bank is an unsecured creditor.
True
False
———————-———————————
Choose the term that best matches the description given.
To sell the assets of a business, pay the bills and divide the remainder among stakeholders
1. Default
2. Liquidation
3. Collateral
4. Reorganization
——————————————————
Choose the term that best matches the description given.
Equipment, property or funds owned by a business
1. Assets
2. Collateral
3. Lien
4. Trustee
——————————————————

Answers

Gidgits Galore's payment plan under Chapter 11 was rejected by its committee of creditors, and the court

agreed and dismissed its petition. Gidgits Galore now seeks to file a petition in Chapter 7 to liquidate. The bank loaned Gidgits Galore $10,000 and secured the loan with a lien on 1,000 gidgits but did not file a financing statement. The bank is an unsecured creditor.

True

False

Choose the term that best matches the description given.

To sell the assets of a business, pay the bills and divide the remainder among stakeholders

1. Default

2. Liquidation

3. Collateral

4. Reorganization

Choose the term that best matches the description given.

Equipment, property or funds owned by a business

1. Assets

2. Collateral

3. Lien

4. Trustee

The answers to the questions have been given below

1. It is true that the bank is an unsecured creditor.

2. Liquidation is to sell the assets and share the proceeds among stakeholders.

3. Collateral is the Equipment, property or funds owned by a business.

What does it mean to be liquidated?

This refers to the fact that the business is about to go on a shutdown. The assets that the business owns would then have to be shared among all the people that have stakes in it.

Collateral is the property that is used to get a loan. It refers to what the business would give in exchange for the funds that they are to loan.

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Culver City College, a public college, has a 10-week summer session that starts on June 25, 2020, so that one week is held during FY 2020 and the other nine weeks meet during FY 2021. Tuition and fees in the amount of $1,000,000 were collected from students for classes to be conducted in this session.

Required:
What amount should Culver City College recognize as unrestricted revenue in each of the years ended (FYE) June 30, 2020 and June 30, 2021?

Answers

Based on the information given, the amount that will be recognized as unrestricted revenue in each of the years will be $100,000 and $900,000.

Unrestricted revenue simply means the donations that can be used by a company or group for purposes that meet the goals that were set aside.

From the information, the unrestricted revenue in June 30, 2020 will be:

= 10% × $1,000,000

= $100,000

The unrestricted revenue for June 30, 2021 will be:

= $1,000,000 - $100,000

= $900,000

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You have been invited to give a speech at a local restaurant. The person who is hosting the event has asked you to speak for 15 minutes on a topic of your choice. Walk though the process of deciding what to talk about and discuss the reasons and methods you would use to make an effective choice.

Answers

Give me some hint please

Answer:

talk about the recipes

Explanation:

which characteristic would concern an auditor about the risk of material misstatements arising from fraudulent financial reporting

Answers

Based on the information given, the characteristic that would concern the auditor is professional skepticism.

It should be noted that professional skepticism simply means an attitude that includes an questioning mind and the critical assessment of an audit evidence.

Professional skepticism would concern an auditor about the risk of material misstatements arising from fraudulent financial reporting.

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Government plays a role in all economic systems.
a
True
b
False

Answers

Based on different economic system analyses, it is true that government plays a role in all economic systems.

How does Government play a role?

Generally, whether capitalist economic system socialist economic system, the government still plays a role.

For example, in the capitalist economic system, government plays the role of regulatory and complementary responsibilities.

While in a socialist economic system, the government takes more comprehensive roles such as production and distribution.

Hence, in this case, it is concluded that the correct answer is "True."

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while rachel carson was writing silent spring, a picture of how ddt influences bird populations was emerging. scientists hypothesized that ddt was causing the observed decline in fish-eating bird populations. the assumptions and connections underlying this hypothesis were complex. in this activity, you will reconstruct those connections.

Answers

Rachel Carson's was known for her work on Silent Spring. The answers to the question are on the image. the first image shows the answers in the right order while the second image is about the questions before its arrangement.

The Silent Spring was known to be public awareness focused on nature as it was said to be vulnerable to human intervention.

Carson in her work gave a radical proposal which state that technological progress is simply at odds or negative terms with natural processes and thus must be shortened.

 

Silent Spring was known to greatly opposition by chemical companies and this lead to reversal in national pesticide policy and also led to the ban on DDT for agricultural uses.

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what are the three most common reasons firms fail financially?

Answers

The common ways through which firms fail financially includes under-capitalization, poor control over cash flow and inadequate expense control.

Majority of firms who failed financially are those firm with outdated financial plan or lack of current trend in the industry.

Why firms fail financially includes:

Under-capitalization which is when the firm does not have sufficient capital to conduct normal business operations and pay the creditors.

Poor control over cash flow is when the firm does not have firm control over the cash going in and out of the organization.

inadequate expense control is when the firm does not effectively control the amount of expenses incurred for operation.

In conclusion, the common ways through which firms fail financially includes under-capitalization, poor control over cash flow and inadequate expense control.

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A Smart sets up a new business. Before he actually sells anything, he has bought motor vehicle for $2500, premises for $4500, stock of goods for $1000. He did not pay full for his stock of goods and still owes $600 in respect to them. He borrowed $2800 from J Devan. After the events described and before trading starts, he had $150 cash in hand and $650 cash at bank. You are required to Calculate the Capital. Show all working.

Answers

The capital for A Smart is $5,400

Capital is computed as :

Capital = Asset - Liabilities

First, we need to determine the Asset.

Asset = Motor vehicle + Premises + stock + cash in and + cash at bank

Asset = $2,500 + $4,500 + $1,000 + $150 + $650

Asset = $8,800

Also, we will determine the liabilities

Liabilities = Money owed + Loan

Liabilities = $600 + $2,800

Liabilities = $3,400

Recall that:

Capital = Assets - Liabilities

Capital = $8,800 - $3,400

Capital = $5,400

Therefore, the capital for A Smart is $5,400

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Tom, a customer care executive, receives an order of 25 personal computers from a customer who wants the goods to be delivered to him in two days. Tom needs to inform the customer of that there will be a delay in shipping goods in bulk in such a short span of time. In order to maintain trust, Tom should: _________

a. update the customer only when they enquire on the delay in the shipment.
b. update the customer regarding the delay as per his own convenience.
c. update the customer regularly and keep the customer informed of any further delay
d. update the customer only when he or she raises a complaint regarding non-receipt of goods.

Answers

Answer:

b. update the customer regarding the delay as per his own convenience.

Based on the given information, Tom should update the customer regarding the delay at his own convenience. Thus the correct option is B.

What is a Customer?

A customer is referred to as an individual who purchases a product or service. He may or may not be the consumer. A consumer refers to a person who utilizes or consume goods and service.

In the given case, it is explained that A customer orders 25 personal computers for Tom, a customer service representative, and requests that the items be delivered to him in two days.

Now it is observed that the order is getting delayed, in order to maintain trust with the customer he should inform the client of the delay at his earliest possible opportunity to avoid any dissatisfaction among customers.

Customer satisfaction is the key to the success of any business which can be achive through better customer service. If any delay is caused it is better to inform than to create any misunderstanding or confusion for later.

Therefore, option B is appropriate.

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what are some objections that you may hear from a potential employer?

Answers

Some objections that you may hear from a potential employer are :

We may not be able to pay you a salary that is comparable to your last job.I'm concerned you will not fit in with our established teams.

During an interview phase, employer or interviewer usually pose objections which could deter the person being interviewed.

The objections in an interview process should be an opportunity to :

Iron out any difficulties in an application.Put any concerns to bed.Close the deal.

Other commonest objections that you may hear from a potential employer are :

You’ve held a lot of jobs in the past few years, and we’re concerned you might not stick around long.I don't think you have enough experience for the position.I think you may have too much experience for the open position.

However, the idea should be to overcome the objections by responding in a way that defuses the validity of the objection.

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I need some help will mark brainliest.

Answers

Strategic planning brings people, processes, teams, and leaders together to achieve an organization's goals.

A customer buys 17. 01 in gas and requests one five dollar [$5] lottery ticket, two one dollar [$1] lottery tickets, and one [$3] lottery ticket. He gives you two winning tickets to be redeemed: one for ($5) and the other for ($2). How much change would he receive from a $100 bill?.

Answers

The customer will receive $79.99 as change in exchange for a $100 note the person gave to the shop owner. The amount is derived as a result of a series of transactions carried out by the customer.

The customer did multiple transactions during the course of the visit to the shop. The customer's transactions also involve buying stuff as well as redeeming the coupon codes won by the customer.

Currency Exchange

The customer is given to have purchased gas amounting to $17.01, after which the customer has bought lottery tickets of different denominations.

The customer purchased tickets worth $10. After the purchase of lottery tickets, the customer displayed and produced the previous lottery tickets for redemptions, as he had won the lotteries on both the tickets worth $7.

The change received by the customer can be calculated with the help of using the following formula, where the customer gave $100 note to the shopkeeper.

[tex]\rm Change\ Received= Money\ Given- (Purchase\ of\ Gas+ Purchase\ of\ Lottery\ Tickets- Redemption\ of\ Lottery\ Tickets)[/tex]

Now putting the values in the formula, we get,

[tex]\rm Change\ Received= 100- (17.01+5+1+1+3-2-5)\\\\\\\\\rm Change\ Received= \$100- \$20.1\\\\\\\\\rm Change\ Received= \$79.99[/tex]

So we have concluded that the customer will receive $79.99 as change. Hence, the correct amount of change received by the customer for the period is $79.99.

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Consider today’s stock listing for Enam Telecom, shown below. 52 wk High 52 wk Low Symbol Div. Close Net Change 122. 86 64. 77 ENM 3. 45 99. 14 4. 74 If the lowest price in the past year occurred 48 days ago, find the approximate average change per day since then. A. $4. 74 b. $0. 72 c. $0. 49 d. $1. 34.

Answers

The approximate average change per day since the past year is $ 0.72.

As per the stock listing the given information in the context is:

52 wk high = 122.86   52 wk low = 64.77 ENM  Div. = 3.45  Close = 99.14  Net change = 4.74

It has been given in the context that the lowest price that occurred 48 days ago is  64.77 ENM

Closing Price = 99.14

[tex]\begin{aligned}\text{Net Change in Value} &= \text{Closing Price}-52 \rm wk \:\rm low\\ \text{Net Change in Value} &= 99.14 - 64.77 \:\rm ENM\\ \text{Net Change in Value }& = 34.37 \end{aligned}[/tex]

Now, compute the average change per day:

[tex]\begin{aligned}\text{Average Change per Day} &= \dfrac{\text{Total Change }}{\text{Number of Days}}\\\text{Average Change per Day}& = \dfrac{34.37}{48} = 0.716 \\\text{Average Change per Day }& = 0.72\end{aligned}[/tex]

Therefore, the correct option is b.

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nonoperating items that increase net income, such as gains on the sale of fixed assets, must be added in calculating operating cash flows.

Answers

There are gains on sale of fixed asset which are known to enter on income statement. Nonoperating items that increase net income must be added in calculating operating cash flows is a false statement

A gain on the sale of fixed assets is usually seen in the statement of profit and loss as non-operating income.

A Non-operating assets are simply described as a kind of assets that does not look into to be part of a company's core operations.

A company's non-operating assets can be said to be unused land, leftover and unused equipment, investment securities, etc.

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An intangible benefit is called a

a) commodity
b) Service
c) market
d) goods

Answers

A

Explanation:

using the internet and the process of elimination, A is your answer

ANSWER:

B.

CORRECT IF IM WRONG

BUT IM SURE THAT

Hannah, age 65, is retiring today. Hannah would like $100,000 per year in retirement income. If the invested assets to gross pay benchmark is 16:1, how much should Hannah have saved for retirement according to the invested assets to gross pay benchmark

Answers

Based on the information given, the amount that Hannah will have saved for retirement will be $1,600,000.

From the information given, it was stated that Hannah would like $100,000 per year in retirement income and that the invested assets to gross pay benchmark is 16:1.

Therefore, the amount that'll have been saved will be:

= 16/1 × $100,000

= $1,600,000

In conclusion, the correct option is $1,600,000.

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What is stopping to reflect on and judge your goal progress called?

Answers

Answer: Self-Reflection

The stopping to reflect on and judge your goal progress is called Re-evaluation.

What is a Goal?

A goal is to refer to an objective or dream that an individual desires to achive in his life. This is referring to a target based on an individual's desire which is accomplished by them in the desired time period.

The process of re-evaluation emphasizes determining or analyzing all the aspects of an individual's personality or business again by following different methods in order to achieve the desired result.

In order to assure a more likely outcome, it is crucial to do the experiment more than once which helps to better evaluation. Otherwise, there is a risk that the results could be incorrect.

This re-evaluation helps to seek progress in the work and brings improvement based on the results to achieve the desired Output.

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A random sample of respondents would be distributed randomly, half to the experimental group and half to the control group. A pretest questionnaire would be administered to the respondents in both groups to obtain a measurement on attitudes toward Pepsi advertising, brand, and celebrity; only the respondents in the experimental group would be exposed to the TV program containing the Pepsi commercial. Then, a questionnaire would be administered to respondents in both groups to obtain posttest measures on attitudes toward Pepsi advertising, brand, and celebrity. Which of the following experimental design best represents the above scenario?

a. one-shot case study
b. one-group pretest-posttest design
c. after-only with control group design
d. before and after with control group design
e. interrupted time-series design

Answers

The experimental design which best represents the above random survey is: B. one-group pretest-posttest design.

An experimental design can be defined as a research method (concept) in which a controlled experimental factor is objectively and efficiently subjected to a special treatment (intervention), in order to compare it with a factor (controlled variable) that is kept constant. Thus, it is used to maximize precision in an experiment and to reach a specific conclusion on a hypothesis statement.

Basically, there are three (3) main types of experimental design and these include:

1. Quasi-experimental research design

2. True experimental research design

3. Pre-experimental research design

Under the pre-experimental research design, we have three (3) forms of experimental design and these are:

One-shot case study research designStatic-group comparisonOne-group pretest-posttest design

One-group pretest-posttest research design is mostly used by behavioral researchers to determine the effect of a special treatment (intervention) on a given sample of participants, especially by first utilizing a single group of participants (one-group design) before the treatment is implemented and once after the treatment is implemented.

In conclusion, a one-group pretest-posttest research design is the experimental design which best represents the above random survey.

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PLEASE HELPP WITH CHEMISTRY

I don’t know how to solve this equation please help I’ll give brainlisttt!!!

Answers

Answer:

what is the equation? because I can't see it

Peter has three daughters who are eligible students. What is the maximum amount of tax credit available to him under the American opportunity credit, assuming he meets all requirements

Answers

Based on current tax laws, the maximum amount of tax credit available to Peter is $7,500

Under the American Opportunity Tax Credit (AOTC):

Tax credit can be earned on eligible students. A maximum of $2,500 can be received as tax credit per student.

Peter has three daughters and they are all eligible students which means that the maximum credit available is:

= 2,500 x 3 students

=  $7,500

In conclusion, Peter can get $7,500 in tax credit.

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Pete is thinking of skipping car insurance for the first year while he gets adjusted to car payments. Why is this a bad decision

Answers

Skipping insurance is a bad decision based on the fact that he would have to:

Pay for all the expenses when an accident occur. He would be driving illegally.

What is insurance?

Insurance coverage help to cover costs or expenses in case of unforeseen circumstances thereby saving costs.

Based on the given scenario skipping car insurance coverage will tend to result in him paying for people injury expenses or car crash injury expenses in a situation where he had an accident that resulted in people be injured.

He would as well have to pay for all the repairs costs of his car or vehicle since his car was not insured.

Inconclusion it is a bad decision as he would have to pay all the expenses when an accident occur and he would be driving illegally.

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A multidomestic company identifies a risk that regulations in some national markets will likely change over time. Such changes could impact product design and distribution in each market and have varying impacts on the company's financial success. What technique would best address the possible impacts of this risk when formulating strategic plans?

Answers

The technique that would best address the possible impacts of this risk when formulating strategic plans is: Scenario planning.

Scenario planning refers to the methods that are used in ascertaining future conditions to determine how an organization will respond to future changes.

In the case of the multi-domestic company above, an assessment is made of the future changes that might result due to the changes in regulations over a period of time.

Thus, they engage in scenario planning.

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What ratio determines whether a borrower will manage monthly debt payments?

Answers

Answer:SI

Explanation:Pabloooo

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