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3 years ago

If you borrow $5000 to remodel a home at 5% interest, what is the principle

1 answer:

6 0

Wouldn't it be available credit line because that =5,ooo$ and you were asking what the principle was so i think it's available credit line.
Hope I helped :)

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At the beginning of the month, the Forming Department of Martin Manufacturing had 17,000 units in inventory, 30% complete as to

goldenfox [79]

Answer:

A) 82,275 materials; 79,400 conversion

Explanation:

Calculation of the Equivalent Units of Production with respect to Raw Materials and Conversion Costs

1. Raw Materials

Ending Work In Process (11,500 × 85%) = 9,775

Completed and Transferred (72,500 × 100%) = 72,500

Equivalent Units of Production with respect to Materials = 82,275

2. Conversion Costs

Ending Work In Process (11,500 × 60%) = 6,900

Completed and Transferred (72,500 × 100%) = 72,500

Equivalent Units of Production with respect to Materials = 79,400

4 0

3 years ago

Finley Company

aleksley [76]

Answer:

d. debit Retained Earnings, $3,000; credit Dividends, $3,000.

Explanation:

The journal entry to close the dividend account should be

Retained earnings Dr $3,000

To Dividend $3,000

(being the closing of the dividend account is recorded)

here the retained earning is debited as it decreased the stockholder equity and dividend is credited as it is closed

3 0

3 years ago

Afina-wow [57]

Similar to a stock split, a stock dividend also distributes additional shares of stock to existing stockholders on a pro rata basis at no cost to the stockholders.

A stock split is a decision made by the board of directors of a firm to issue more shares to present owners in order to increase the number of shares outstanding.

A stock split is a division of issued shares in a ratio determined by the company, whereas a stock dividend is a dividend paid in the form of extra shares. While in a stock split, already issued shares are divided in accordance with a predetermined ratio, a stock dividend gives stockholders extra shares.

To know more about Stock Split here

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6 0

2 years ago

Austingoodin you cute to let go out pls

Arisa [49]

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3 0

3 years ago

Daniel has decided to open his own bakery using locally sourced ingredients and supplies. He provides income and jobs to local s

Svetllana [295]

Answer:

This is an example of Invisible Hand.

Explanation:

The invisible hand concept describes the individual effort in providing benefit to overall society by his untiring efforts. The market force that helps the demand and supply of goods in a free market to reach equilibrium automatically and providing benefits to its own people.

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3 years ago