A rookie agent receives 60 percent of the total commission for listing a property. How much will

Fantastic news! We've Found the answer you've been seeking!

Question:

A rookie agent receives 60 percent of the total commission for listing a property. How much will he receive for listing property when it sales for $420,600 at a 7 percent total commission?

Related Book For answer-question

Business Law The Ethical Global and E-Commerce Environment

ISBN: 978-0071317658

15th edition

Authors: Jane Mallor, James Barnes, Thomas Bowers, Arlen Langvardt

See More Books

Posted Date: Feb 02, 2023 03:57 AM

See More Questions

A study showed that 60 percent of The Wall Street Journal subscribers watch CNBC every day. Of these, 70 percent watch it outside the home. Only 20 percent of those who don't watch CNBC every day...
On January 1, Beckman, Inc., acquires 60 percent of the outstanding stock of Calvin for $36,000. Calvin Co. has one recorded asset, a specialized production machine with a book value of $10,000 and...
Broadly defined, Asia comprises more than 60 percent of the worlds populationa population that practices Buddhism, Confucianism, Hinduism, Islam, and numerous other religions. Do you think it is...
Show that plane stress displacements for the Flamant problem in Section 8.4.7 under only tangential force X are given by: Data from section 8.4.7 My (1 v) - - -0 sin (1 v)X, -0 cost + 2X, 20 log r...
(a) Define the following tax terms: graduated tax rates, marginal tax rate, and indexing. (b) Describe a fundamental difference between each of the following terms: net operating income (NOI),...
Ms. Jost participates in her employer's Section 401(k) plan, which obligates the employer to contribute 25 cents for every dollar that an employee elects to contribute to the plan. This year, Ms....
Section2.1 described a sample of $n=50$ geographic areas (Zip codes) containing sales data on the Wisconsin state lottery ( $y=$ SALES). In that section, sales were analyzed using a basic linear...
The adjusted trial balance of Amana Corporation at December 31 shows that sales revenue for the year was $513,000 and other revenue was $37,000. Cost of goods sold for that same period was $256,000,...
What has happened if the selling price has increased but the gross profit percentage remains the same?
I farm on a small scale. Last year, I started off by planting soybeans and corn. This year, the price of soybeans increased, and the price of corn remained the same. Naturally, I planted more corn...
continuous alphabet discrete time random variable is called discrete random process .a O discrete random sequence .b O continuous random sequence .c O continuous random process .d O
Risk management 1. Explain and support the kind of shutdown you would implement in this circumstance. In two sentences 2. Describe the risks the lockdown addresses and how it affects the frequency or...
Discuss how economic growth in India (or other emerging economies) affect United States and other emerging economies such as China by considering the effects of China's economic growth on United...
Suppose your gun has a muzzle speed of 10 m/s. You fire it horizontally off of a 25 m cliff. How far will the bullet go horizontally before hitting the ground? How long will it take? 2. You fire a...
What state based variables will change and which will not change when light waves trasition from air to plastic?
Could exchange rate fluctuations affect the regression models offered by Dr. Dubin in the Bali case? Hint: if exchange rate fluctuations were not included in the regression models by Dubin (or by...
Lorris income statement is as follows: Sales $60,000 Less variable costs (19,200) Contribution margin $40,800 Less fixed costs (9,600) Net income $31,200 5,000 units sold What is the unit...
According during to the IRS, individuals filing federal income tax returns prior to March 31 received an average refund of $1,088 in 2018. Consider the population of "last-minute" filers who mail...
Alex Ferrer, a former judge who appeared as "Judge Alex" on a television program, entered into a contract with Arnold Preston, a California attorney who rendered services to persons in the...
Terance Fitzgerald drew a check for $4,000 payable to New Look Auto Trim and Upholstery and delivered it to Yuvonne Goss and Benii Arrazza, the owners of New Look. Goss and Arrazza each indorsed the...
Maxwell Shoe Co., a wholesale shoe distributor, ordered a quantity of shoes from Martini Industries. When Maxwell Shoe received the shipment, it discovered that all of the shoes were cracked and...
_________ is a form of attribution error that involves blaming the environment for problems that we may have caused ourselves. (a) Self-serving bias (b) Fundamental attribution error (c) Projection...
Which leadership theorist argues that ones leadership style is strongly anchored in personality and therefore very difficult to change? (a) Daniel Goleman (b) Peter Drucker (c) Fred Fiedler (d)...
How is a person with an authoritarian personality expected to act? (a) Strong tendency to obey orders. (b) Challenges the authority of others. (c) Tries to play down status differences. (d) Always...

A rookie agent receives 60 percent of the total commission for listing a property. How much will

Question:

Expert Answer:

Formula Rookie Agents Commission Total Commission x Sale... View the full answer

Business Law The Ethical Global and E-Commerce Environment

Students also viewed these accounting questions