Based on the information given, Hank has listed a property for $125,000 with a 50/50 split on a 5% commission, which means that the total commission on the sale is 5% of the sale price, or $6,250. Hank's commission is 50% of the total commission, or $3,125.
However, Hank sells the property for $120,000, which is $5,000 less than the listing price. Since the commission is based on the sale price, the total commission will now be 5% of $120,000, or $6,000. Hank's commission is 50% of the total commission, which is $3,000.
Therefore, Hank's commission on the sale of the property is $3,000.
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please help in business with this work management tool
The above tool could be best used as a spreadsheet to manage workload by prioritizing tasks based on their importance and setting specific scheduling details for each task.
What is the explanation for the above response?The tool can be used to track progress and identify any barriers to performance that may arise during the completion of the task.
Also, a contingency plan can be developed to ensure that the task is completed even if unforeseen issues arise. By using this tool, one can manage their workload more effectively and efficiently by breaking down complex tasks into smaller, more manageable steps.
This tool can also help to ensure that deadlines are met and that goals are achieved in a timely manner.
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In which of the following situations would it be MOST beneficial to hire a financial adviser?
A. I’m a senior in college, am about to graduate, and need to create a plan for paying off my student loans.
B. I have a car loan, a large student loan, and a backlog of unpaid medical bills that I’m struggling to keep up with.
C. I’m having a hard time tracking my expenses and income, and want to establish a solid monthly budget to better manage my money.
D. I have a $1,250 credit card bill with a 22% interest rate that I’m trying to pay off.
a stock had a return of 9.7 percent last year. if the inflation rate was 2 percent, what was the approximate real return?
The approximate real return will be 7.7%.
A change in the average level of prices for goods and services across the economy is referred to as inflation. By comparing current prices of a group of products and services to previous prices, the government calculates inflation.
The interest rate before accounting for inflation is referred to as the nominal interest rate.
Real return plus inflation add up to total nominal return.
Approximate real return = Nominal return - Inflation rate
= 9.7 - 2
= 7.7
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How does specialization enabled countries to trade with one another?
Many countries, for example, specialize in producing the goods and services that are native to their part of the world, and they trade them for other goods and services. This specialization is thus the basis of global trade, as few countries have enough production capacity to be completely self-sustaining.
Specialization refers to tendency of countries to specialize in certain products which they trade for other goods, rather than producing all consumption goods on their own. Countries produce surplus of product in which they specialize and trade it for different surplus good of another country.
When nations specialize, this exchange creates gains from the trade. The benefits of specialization include larger quantity of goods and services that can be produced, improved productivity, production beyond nation's production possibility curve, and resources that can be used more efficiently
Trade contributes to global efficiency. When country opens up to trade, capital and labor shift toward industries in which they are used more efficiently. Societies derive higher level of economic welfare.
Advantages from specialisation (division) of labour:
Higher productivity , efficiency – e.g. rising output per person hour.Lower unit costs leading to the higher profits.Encourages investment in specific capital – economies of scale.learn more about specialization at
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what are the six stages of the product adoption process
Answer:
the six stages of the product adoption process are :
1. Awareness.
2. Interest.
3. Evaluation.
4. Adoption
5. Confirmation
6. trial
when comparing section 529 plans to coverdell education savings accounts, which statement is false? a the account may be opened by any adult b annual contributions are limited to $2,000 per beneficiary c earnings build in the account tax deferred d distributions to pay for higher education expenses are not taxable
The false statement among the options provided is A: "The account may be opened by any adult." This is incorrect, as only parents or legal guardians can open a Coverdell Education Savings Account (ESA) for a child under the age of 18.
On the other hand, Section 529 plans can be opened by anyone, including parents, grandparents, other relatives, and even non-relatives.
Regarding the other options:
B) Annual contributions are limited to $2,000 per beneficiary. This is true for Coverdell ESAs, whereas Section 529 plans have much higher contribution limits, typically in the hundreds of thousands of dollars per beneficiary.
C) Earnings build in the account tax-deferred. This is true for both Coverdell ESAs and Section 529 plans, which means that investment gains are not subject to federal income tax as long as they remain in the account.
D) Distributions to pay for higher education expenses are not taxable. This is also true for both types of accounts. Qualified distributions from Coverdell ESAs and Section 529 plans used to pay for qualified higher education expenses are not subject to federal income tax.
In summary, while both Coverdell ESAs and Section 529 plans offer tax benefits for education savings, there are important differences to consider when choosing between them, including contribution limits, investment options, and flexibility in using the funds.
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the price of capital (r) is $50.why wouldn't the firm choose to produce 3,000 units of output with the combination at a?
The price of capital (r) is $50, so the firm would not choose to produce 3,000 units of output with the combination at a because it would not be cost effective.
This is because the marginal cost of production will exceed the marginal revenue, meaning the firm would not be able to cover the cost of production and thus make a profit.
In this case, the firm would need to produce fewer units of output so the cost of production is less than the marginal revenue and therefore make a profit.
To do this, the firm must find the optimal output level, which is the point where marginal cost equals marginal revenue. Beyond this level, the firm’s profit would decrease and they would be unable to cover their production costs.
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the activities involved in​ designing, producing,​ marketing, delivering, and supporting any product is its​ ________.
The activities involved in designing, producing, marketing, delivering, and supporting any product is its "value chain." The value chain refers to the sequence of activities that a company performs in order to create value for its customers.
The explanation of the value chain includes designing the product, producing it, marketing it, delivering it, and supporting it throughout its lifecycle. Each of these activities plays a crucial role in the overall value chain and contributes to the success of the product.
A value chain is a series of activities that companies perform to create, produce, and deliver a valuable product or service to their customers. These activities help to add value to the product, and they include research, design, production, marketing, distribution, and customer support. By understanding and optimizing each step in the value chain, a company can improve its overall competitiveness and profitability.
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Other types of assurance services provided by CPAs have developed as a natural extension of the audit function. b. describe the forces that have caused a demand for other types of assurance services.
The following are the forces that have contributed to a demand for other types of assurance services by CPAs:
Information needs of decision-makers The increasing complexity and amount of data in the business world have necessitated the provision of other types of assurance services to satisfy the information needs of decision-makers.2. Market competition Businesses must obtain a competitive advantage to remain in the market. This has led to an increasing number of demands from stakeholders for more comprehensive and transparent information, resulting in the need for additional assurance services.
Risk management Organizations' management is concerned about risk management, and they require assurance services to help them deal with risks.4. Fraud prevention Fraud prevention is an important factor in maintaining good corporate governance and preventing the spread of fraud.
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the ministry of misallocation has decreed that the production of widgets must be 5000 5000 each month and that the production of gizmos must be 8000 8000 each month. calculate the deadweight loss in each market caused by these restrictions. note that the scale of the quantity axis is in thousands.
The deadweight loss in each market caused by the restrictions imposed by the ministry of misallocation is 0.
The deadweight loss in each market caused by the restrictions imposed by the ministry of misallocation can be calculated by finding the difference between the total surplus in a perfectly competitive market and the total surplus in a market with restrictions. In a perfectly competitive market, the total surplus is the sum of the consumer surplus and the producer surplus. In a market with restrictions, the total surplus is reduced because the quantity produced is not at the equilibrium level.
For the market for widgets, the deadweight loss is:
Deadweight loss = (Total surplus in a perfectly competitive market) - (Total surplus in a market with restrictions)
= (Consumer surplus + Producer surplus) - (Consumer surplus + Producer surplus with restrictions)
= (5000 x 5000)/2 - (5000 x 5000)/2
= 0
Similarly, for the market for gizmos, the deadweight loss is:
Deadweight loss = (Total surplus in a perfectly competitive market) - (Total surplus in a market with restrictions)
= (Consumer surplus + Producer surplus) - (Consumer surplus + Producer surplus with restrictions)
= (8000 x 8000)/2 - (8000 x 8000)/2
= 0
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A variable can be called or referenced before it has been defined.
O True
O False
Answer:
True.
Explanation:
Qualification certification and credentialing personnel are part of which nims management.
The qualification certification and credentialing personnel are all part of the comprehensive resource management of NIMS
What is the meaning of nims management?NIMS means the National Incident Management System.
The management system ensures that the government, nongovernmental organizations and private sector work together to prevent, protect and respond to incidents.
However, the qualification certification and credentialing personnel are all part of the comprehensive resource management of NIMS.
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what is the importance of the loanable funds market? discuss the factors that affect the market for loanable funds.
The supply of borrowable funds is based on savings. Demand for loanable funds is based on borrowing. The interaction between the supply of savings and the demand for credit determines the real interest rate and the amount of credit granted.
In economics, the bankable funds theory is the theory of market interest rates. In this approach, the interest rate is determined by the supply and demand of borrowable funds. The term loan assets includes all forms of credit such as loans, bonds and savings accounts.
Loanable funds are funds that can be borrowed. Borrowable funds consist of household savings and/or bank loans.
Credit markets show the interaction of borrowers and savers in the economy. This is a variation of the market model, but it is the saved money that is "bought" and "sold". Borrowers request funds that can be borrowed, and savers provide funds that can be borrowed.
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In the fist quotation McGee makes the case that inser trading doesn’t do any harm to other investors. In the second quotation Arthur Levitt says it does do harm by damaging the trust people have in the market in the market. Who makes the stronger case?
Arthur Levitt ultimately makes the stronger argument. McGee argues that insider trading does not necessarily harm other investors, but Levitt emphasizes the bigger issue of market integrity and trust.
In the fist quotation McGee makes the case that insider trading doesn’t do any harm to other investors. In the second quotation Arthur Levitt says it does do harm by damaging the trust people have in the market in the market. Both McGee and Levitt offer valid arguments. Insider trading undermines confidence in the fairness and transparency of markets and can have far-reaching implications beyond individual investors.
Maintaining long-term market health is crucial to the financial system's overall health and stability. Insider trading can erode market trust and integrity by providing certain investors with an unfair edge. This can undermine the perception of the market as a whole, undermine confidence in its fairness and transparency, and ultimately harm all investors.
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If average daily remittances are $6 million, and "extended disbursement float" adds two days to the disbursement schedule, how much should the firm be willing to pay for a cash management system if the firm earns 7% on excess funds
Answer:
$840,000
Explanation:
Calculation of how much should the firm be willing to pay for a cash management system
Using this formula
Annual return from cash management system = Average daily remittances × 2 days disbursement schedule× Percentage of excess funds
Let plug in the formula
Annual return from cash management system$6,000,000 × 2 days × 7%
Annual return from cash management system= $840,000
Therefore the firm be willing to pay the amount of $840,000 for thebcash management system if the firm earns 7% on excess funds.
What does indigenous technology mean?
Answer: I hope this is helpful mark brainlist if right then no if wrong
Explanation:
Indigenous technology is used by the native inhabitants of a country or region and it constitutes an important part of its cultural heritage. Characteristically, indigenous technologies: Are recognized as animate, imbued with the breath of life and they live in form and function.Technologies employed by the native inhabitants of a country and which constitute an important part of its cultural heritage and should therefore be protected against exploitation by industrialized countries; the problem of indigenous knowledge has been discussed during the Rio Conference but it does not receive much ...Types of indigenous technology in India are; (i) Generic Drugs. (ii) Thorium based Nuclear Reactors. (iii) Plastic RoadsIndigenous Technology is created within a sensory environment that builds on our sense of relationship, meaning, balance, feeling, memory and place as well as sight, sound, smell, taste and touchIndigenization is the process by which Indigenous ways of knowing, being, doing and relating are incorporated into educational, organizational, cultural and social structures of the institution.One example of Indigenous Technologies in action today can be witnessed in differential approaches to medicine. Medical technologies in the Western Scientific sense of the term might conjure images of biomedical research labs, electromagnetic monitors or imaging systems such as CT or MRI scans.Indigenous technology is used by the native inhabitants of a country or region and it constitutes an important part of its cultural heritage. Characteristically, indigenous technologies: Are recognized as animate, imbued with the breath of life and they live in form and function.
TRUE OR FALSE: A mathematics professor at a university would fall under both the Education and Training career cluster and the STEM career cluster.
1. Kwan's annual premium is $1,284.00. He has the choice of paying semi-annually for a $1.00 fee or quarterly for a $2.00 fee. What is his quarterly payment? Is it twice the amount ?
The profits from various forms of trafficking are estimated to be _____ annually.
Answer:
The answer is $150 billion
Explanation:
The profits from various forms of trafficking are estimated to be $150 billion annually.
What consideration may discourage executives from disclosing information about many segments of the enterprise?a. Limited usefulness of information to internal decision makers
b. Limited usefulness of the information to investors
c. Difficulty generating the needed information
d. Competitor potential use of proprietary information
The consideration that may discourage executives from disclosing information about many segments of the enterprise is the competitor potential use of proprietary information. The correct answer is option D
Proprietary information is a piece of information that is exclusively owned and has significant value to the owner. Proprietary information can be obtained via various sources, such as company strategy documents, trade secrets, customer lists, research, and development (R&D) documents, and other confidential business information.
In certain cases, proprietary information is legally protected via trademarks, patents, and copyrights.Competitors may gain an advantage in the market by obtaining proprietary information.
In conclusion, the consideration that may discourage executives from disclosing information about many segments of the enterprise is the competitor potential use of proprietary information. Therefore correct answer is option D
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Question 5 of 10
One example of a short-term savings strategy is:
A. a free checking account.
B. an employer-sponsored 401(k) plan.
C. a low-interest bank account.
D. a high-risk stock market investment.
SUBMIT
Answer:
A. a free checking account.
Explanation:
Saving involves putting money aside in a safe place for future use. Banks and financial institutions offer saving accounts as safe and secure platforms for firms and individuals to save.
A checking account is among the types of savings accounts offered by financial institutions. This type of savings account allows customers to save money that they do not wish to spend immediately. A checking account is risk-free and, therefore, a good strategy for short term saving.
Answer:
a low-interest bank account.
Explanation:
i got this right
3. ______ are defined as goods or services that are required for health and safety.
Occupational Health and Safety are defined as goods or services that are required for health and safety. Information standards are guidelines governing the information that must be provided to consumers when they purchase specific goods.
What is the safety of goods?A safe product is one that delivers either no risk or a minimum tolerable level of risk, taking into account the product's typical or reasonably foreseeable use and the need to maintain a high level of consumer protection.
Occupational health and safety is a multidisciplinary discipline that deals with all elements of workplace health and safety, with a heavy emphasis on preventing workplace dangers.
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What is not a criterion when evaluating financial service providers?
A. financial service provider's history
B. benefits or lack thereof
C. past and current employees
D. emerging technologies
That which is not a criterion when evaluating financial service providers is this: C. past and current employees.
What are the criteria for evaluating financial service providers?To successfully evaluate the qualification of a financial service provider, the customer must be able to look at their present and past history. They should consider their ability to incorporate emerging technologies into their businesses.
It is not really the business of the consumer to dig out the past and current employees of the business. He should be interested in other relevant factors like the above.
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What reasons might people have to go into debt? Give two examples.
HRGGGGGHH
Answer:
There are several reasons we accumulate debt, like paying for unforeseen emergencies or unemployment.
explain five importance of a division of labour in production
Explanation:
INNOVATION: When workers are set specific tasks, that is their pure focus. So it becomes easier to see pitfalls in the existing process. Doing the same task each day makes it easier to analyse areas for improvement. It takes up more of the brains processing power, so it is at the forefront of a workers mind.
HIGHER WAGES: It must be said that not all the productivity gains are necessarily passed on to the consumer. A proportion may go to profits, whilst some may go to higher pay for employees.
CHEAPER PRODUCTS: It must be said that not all the productivity gains are necessarily passed on to the consumer. A proportion may go to profits, whilst some may go to higher pay for employees.
PRODUCTIVITY: When workers focus solely on a specific task, they can master it quicker and more efficiently. In turn, workers become more productive.
EFFICIENT MASTERY: Without the division of labor, mastery of a skill takes much longer. This is because a workers attention is spread across many areas.
For instance, it would be difficult to master a language if you are also trying to learn the piano, engineering, CSS, and economics. So, the division of labor allows the worker to focus and master a specific part of the process, which helps them learn it faster.
country a specializes in the production of rice because it can do so efficiently, but it imports electronics because it is not able to produce them as efficiently as the country they import from. what is this an example of? multiple choice question. tragedy of the commons gains from trade first-mover advantage supply and demand
This is an example of gains from trade. When one country is specialized in production of particular product and import another product because they ae not efficient in that.
Gains from trade are the net advantages to economic agents from being allowed an increase in voluntary trading with each other. In technical terms, they are the growth of customer surplus plus manufacturer surplus from decrease tariff or otherwise liberalizing alternate
The idea may be carried out to an entire economic system for the options of autarky (no exchange) or trade. A measure of total profits from change is the sum of purchaser surplus and manufacturer profits or, extra more or less, the elevated output from specialization in manufacturing with resulting exchange. gains from alternate may additionally consult with internet blessings to a rustic from decreasing limitations to alternate along with tariffs on imports
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What is the role of the third part in mediation?
A. Adversary
B.Advocate
C.Friend
D.Facilitator
Answer:
b
Explanation:
Answer:
facilitator
Explanation:
Basel lll mainly focuses on _.
`What type of market structure exists for the fast food industry?
Answer:
http://sellsidehandbook.com/2018/10/08/understanding-market-structure-perfect-competition-monopoly-and-monopolistic-competition/
Explanation:
1. Looking at Nigeria as a potential emerging market, mention and explain 4 factors you think are preventing Nigeria from becoming an excellent emerging market to invest in? 2. If you were given the chance, resources and power to change Nigeria, which one out of the 4 problems identified above would you try to solve and how would you do it?
do not understand what you are saying