15. An affiliate broker who retires his/her real estate license may: Continue to list and to sell so long as the list price is under $100,000. Continue to list property but cannot work with buyers. Have the license re-activated by taking the necessary steps. Sell another person's real property for a salary but not a commission. a. b. C. d. p. With property for sale yard signs, the affiliate broker's name must be Above the firm name. Below the firm name. a. b. Larger than the firm name The same size or smaller than the firm name. d. Earnest money collected by an affiliate broker must be: Held by the affiliate broker until closing. Given to the listing agent. Turned over to his/her broker immediately upon receipt. Given to the seller until closing. a. b. C. d. Brokers and affiliate brokers are only required by law to present the seller if: The offer is for full price. The offer is written. The offer includes earnest money of atleast $1,000. The buyers are financially qualified for a conventional lo a. b. С. d.

Q: E12.10 (b)

A: Total issued and outstanding shares = 95000+25000+2000 = 122,000 shares Dividend declared on dec. 15…

Q: What is Reg D?

A: Regulation D (Reg D): It may be a Securities and Exchange Commission (SEC) law confining exceptions…

Q: EX.09.14

A: Meaning of Capital Expenditure: Capital expenditures (CapEx) are funds used by a company to acquire,…

Q: THE SMITH COMPANY Using the business transactions below, complete T-accounts for the Smith Company.…

A: T Accounts    1. Cash Account Particular Debit Particular Credit         To capital A/c…

Q: What is Glass-Steagall Act?

A: Glass-Steagall Act splits up the investment and commercial banking segments of an investment bank.

Q: 1,352,113.13 is incorrect. What is the correct answer?

A: Net Present Value is used to evaluate the investment and financing decisions that involve cash flows…

Q: Explain preemptive right

A: Answer: A pre-emptive right is a benefit that can be granted to other owners in a company that gives…

Q: How about the Question 3

A: The present value of growth opportunity is defined as the value of stock attributed to the earnings…

Q: Explanation 1031 like-kind exchange

A:

Q: Carefully explain the cross-sectional test of the CAPM.

A: The Capital Asset Pricing Model (CAPM) is a mathematical model that describes the relationship…

Q: is part b answered in this?

A: Ledger posting. : When any transaction is made journal entry is passed, after that those entries are…

Q: 7. How would you define transaction exposure? How is it different from economic exposure?

A: Exposure refers to the degree to which an individual or entity is subject to a particular risk or…

Q: WHAT'S THE ANSWER TO D, E AND F?

A: Given, Net nonoperating obligations (NNO) Return on equity (ROE) Nonoperating return component of…

Q: Define regulation D

A: The Accounting Standards are specific set of principles and procedures set by the authorized bodies…

Q: Explain- Agency cost.

A:

Capital Gain

Any capital asset when sold can give the seller a higher or lower price from its purchase price leading to a capital gain or capital loss. The time period of holding an asset is decided based on if it is a long term or short-term capital gain. On that basis, the rate of taxation is decided if it is 20%, 15% or according to the tax brackets. The rate of taxation differs in the case of equity or debt, whether long or short term. The capital gain can be adjusted from capital loss to arrive at a net capital gain. The amount of gains and the exemption has to be reported in the tax return filed in the financial year in which the asset was transferred. The tax return can be filed quarterly, monthly, semi-annually or annually.