A real estate commission is normally calculated as
a. selling price.
b. listing price.
c. seller's equity in the property.
d. down payment or earnest money deposit paid by the buyer.
Ans: a. selling price.
Business
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Which of the following events will not appear in the cash flows from financing activities section of the statement of cash flows?
A. Issuance of stock in exchange for plant assets B. Borrowing cash from a bank C. Sales of common stock D. Payment of dividends on preferred stock
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Employees of which of the following generally may participate in a tax-sheltered annuity (TSA) plan?
A) Public school systems B) Manufacturing plants C) Professional sports teams D) Professional partnerships
Business