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
zlopas
1 month ago
10

Julie is a sales associate for ABC Realty. She sold a house that was listed in the MLS from XYZ REALTORS®. The list price was $3

40,000 and the property sold at 95% of list. The commission rate to the seller was 7% and the brokers divided the commission--55% to 45%--with Julie's broker getting 45%. Julie and her broker split the commission equally. How much did Julie make in commission on this sale?
Business
1 answer:
harina [3.8K]1 month ago
4 0

Response:

Julie obtuvo $5,087.25 en comisión por esta venta.

Clarificación:

Precio de venta del inmueble = Precio listado * Porcentaje de venta = $340,000 * 95% = $323,000

La comisión sobre las ventas del inmueble = Precio de venta * Tasa de comisión = $323,000 * 7% = $22,610

Monto de la comisión para el corredor de Julie = Comisión sobre la venta * Porcentaje de la comisión destinado al corredor de Julie = $22,610 * 45% = $10,174.50

Dado que Julie y su corredor dividen la comisión de manera equitativa, tenemos:

La comisión ganada por Julie en la venta de la propiedad = Monto de la comisión para el corredor de Julie / 2 = $10,174.50 / 2 = $5,087.25

Por lo tanto, Julie ganó $5,087.25 en esta venta.

You might be interested in
A manufacturing firm is considering two locations for a plant to produce a new product. The two locations have fixed and variabl
soldi70 [3635]
The cost advantage of different locations is $20,000. Phoenix appears to have a cost benefit over Atlanta and should be selected for the new facility instead of other options.
4 0
1 month ago
El Niño wind patterns affected the weather across the United States during the winter of 1997–1998. Suppose the demand for home
stepan [3596]

Answer:

The price elasticity of demand for home heating oil is -0.36.

Explanation:

To find the price elasticity of demand for home heating oil, we can utilize the formula:

Elasticity of demand = (dQ/dPhho)*(P/Q)

Based on the information provided:

demand for home heating oil in Connecticut = Q = 20 – 2 Phho + 0.5 Png – TEMP

price of home heating oil = $1.20

price of natural gas = $2.00

<psubstituting into="" the="" demand="" equation="" yields:="">

Q = 20 – 2*1.2 + 0.5*2 – 12

Q = 6.6

Hence, we calculate price elasticity of demand as follows: (-2)*(1.2/6.6)

Thus, price elasticity of demand = -0.36.

The price elasticity of demand for home heating oil is -0.36.

</psubstituting>
5 0
2 months ago
In a state of market equilibrium, the intrinsic value of the stock will be the market price of the stock. An analyst with a lead
Katen [3525]

Respuesta:

sobrevalorado

Explicación:

El valor esperado de la acción está por debajo de su precio en el mercado actual.

Esto indica que se anticipa que las ganancias y dividendos de la compañía disminuyan en los próximos meses. Es posible que otras acciones parezcan más rentables, lo cual haría descender el precio de esta acción:

Esto puede suceder porque la relación precio-beneficio de esta acción (multiplicado por las ganancias por acción pagadas) es mayor que otras acciones. Los inversionistas se desplazarán de una acción con un P/E de 20 a otra con un P/E del % ya que su retorno será mayor.

6 0
2 months ago
Other questions:
  • On january 31, jean consulting company receives a bill for that month’s utilities in the amount of $500. jean sets it aside beca
    5·1 answer
  • How did the long sunday holiday contribute to the collapse? check all of the boxes that apply. stockbrokers who still had profit
    9·2 answers
  • If 200 people have been working on developing a new community that will feature houses and small businesses, what will happen to
    11·2 answers
  • The federal government passes a law which a company, JuneCorp, feels unjustifiably discriminates against the company and harms i
    10·1 answer
  • Andrew is injured in an accident caused primarily by the negligence of Bob. Andrew suffers $100,000 worth of harm. Bob is 70% to
    6·1 answer
  • Ann would like to buy a house. It costs $2,500,000. Her down payment will be $50,000. She will take out a mortgage for the remai
    11·1 answer
  • Three entrepreneurs were looking to start a new brewpub near sacramento, california, called roseville brewing company (rbc). bre
    8·1 answer
  • Department A had a beginning inventory balance of 25 units which were 40% complete. During the accounting period, the department
    14·1 answer
  • A company has the following ratios:
    9·1 answer
  • A division of Chapman Corporation manufactures a pager. The weekly fixed cost for the division is $20,000 and the variable cost
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!