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Your OIEC / Principal Agent has asked that you evaluate the agency financial business performance against Ace Real Estate Agency s Business Plan and answer

Your OIEC/Principal Agent has asked that you evaluate the agency financial business performance against Ace Real Estate Agencys Business Plan and answer the following questions:
a) If the agency needed to increase revenue by 15% per annum, what dollar amount would this equate to if the current revenue is $3,500,000 per annum?
b) If the agency could increase its retained percentage of sales commission to from 2.23% per property to 2.5% per property, how much more income, in dollar amount, would this mean per annum (the average selling price is $627,000, quantity of 250 sales per annum)?
c) If the average selling price in the next 6 months increased by 2% and the retained commission increased to 2.5%,(assume quantity of 250 sales) what dollar amount would this equate to per annum for the sales department?

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