Diana, a salesperson, took a listing on a house that sold for $129,985. The commission rate was 8 percent. Carol, a salesperson employed by another broker, found the buyer. Diana's broker received 60 percent of the commission on the sale; Carol's broker received 40 percent. If Diana's broker kept 30 percent, and paid Diana the remainder, how much did she earn on this sale?a. $1,247.86c. $4,367.50b. $2,911.66d. $6,239.28 Get tutor help
The Harrison Company’s bonds currently sell for $1,275. They pay a $120 annual coupon, have a 20-year maturity, and a par value of $1,000, but they can be called in 5 years at $1,120. What is their YTC? Get tutor helpThe Harrison Company’s bonds currently sell for $1,275. They pay a $120 annual coupon, have a 20-year maturity, and a par value of $1,000, but they can be called in 5 years at $1,120. What is their YTM? Get tutor helpAs of June 30, Year 1, the bank statement showed an ending balance of $18,376. The unadjusted Cash account balance was $17,856. The following information is available:Deposit in transit, $2,545.Credit memo in bank statement for interest earned in June: $24.Outstanding check: $3,055.Debit memo for service charge: $14.Required:Determine the true cash balance by preparing a bank reconciliation as of June 30, Year 1, using the preceding information.Note: Negative amounts should be indicated with minus sign.Bank ReconciliationUnadjusted bank balance 6/30/Year 1True cash balance 6/30/Year 1Unadjusted book balance 6/30/Year 1True cash balance 6/30/Year 1 Get tutor helpThe operating expenses of a company total $100,000, with the acerued expenses payable beginning balance being $200,000 and the accrued expenses payable ending balance being $50,000. The company has no prepaid expenses, amortization, or depreciation.Using the direct method, caleulate the adjustment for cash payments of operating expenses.a) $150,000b.) $250,000c) $100,000d) $300,000 Get tutor helpcost of goods sold totals $300,000 for a company, with the inventory beginning balance being $50,000 an atory ending balance being $150,000. The company has no accounts payable.Using the direct method, calculate the adjustment for cash payments made for inventory.a) $400,000b) $350,000c) $100,000d) $200,000 Get tutor helpSarah's monthly bank statement showed the following deposits and withdrawals:$115.55,$92.45,−$94.64,$69.81,−$70.08If Sarah's balance in the account was $117.62 at the beginning of the month, what was the account balance at the end of the month?Answer: $□ Get tutor helpRuby's monthly bank statement showed the following deposits and withdrawals:−$91.50,$108.98,−$55.89,−$3.83,$81.61If Ruby's balance in the account was $112.19 at the beginning of the month, what was the account balance at the end of the month?Answer: $□ Get tutor help
