Answer:
First we need to find out the total commission which is 6.5%
0.065*185000=12025
Out of this the listing broker will get 50%
0.5*12025= 6012.5
Out of this the agent will get 65 percent of that
0.65*6012.5=3908.125 is the amount that the listing agent will receive from his broker.
Explanation:
Answer:
$31.35 (Approx)
Explanation:
Require a return on company's stock = 9.6%
Dividend:
Year 1 = $5.20
Year 2 = $9.30
Year 3 = $12.15
Year 4 = $13.90
Therefore,
Stock price:
= Future dividends × Present value of discounting factor(rate%,time period)
= $31.35 (Approx)
Answer:
In the United States, the average number of passengers flying per day is 1.73 million.
I think the answer is C
Answer:
$103,400
Explanation:
Does Manuel have any certainties that Nolan will purchase more than 30,000 units during the year? Apparently, according to historic sales, Nolan purchases at least 40,000 units per year, so Manuel should consider that Nolan will again purchase a similar amount this year and therefore, will be entitled to a rebate.
Another issue that must be considered is that 30,000 units / 4 quarters = 7,500 units per quarter, and Nolan clearly purchased more than that.
A rebate is not a discount, it happens when the seller offers a certain amount of goods to a buyer without cost because the buyer purchased more than an specific amount. It is basically an incentive or prize that Manuel gives Nolan for being a good client.
Manuel should recognize $110,000 x (1 - 6%) = $103,400 in revenues
Answer:
D. A Fed sale of bonds to brokers and banks.
Explanation:
The sale of bonds to banks and brokers is a contractionary open market policy. Its objective is to check inflation by slowing down the rate of economic growth. When the Fed offer bonds to the markets at a higher interests rate, banks will prefer to buy the bonds than lending out money to household and firms.
Producers rely on banks to fund their operations. If they cannot obtains loans for production and growth, their output decreases. A decrease in output results in reduced exports. Low production of US goods means a reduced supply to the international market. It means international buyers will be competing for fewer US products. As the markets compete for the few available products, they push the demand for the dollar up, causing it to appreciate in value.
