Answer:
$5,550
Explanation:
Given:
Principle amount of the loan = $6,000
Duration of the loan = 10 years
Rate of interest = 10.5%
Principle payment made each month = $75
Now,
The total principle amount paid in six months
= Principle payment made each month × 6 months
= $75 × 6
= $450
Now,
the principle amount payment is made on addition to the interest, therefore no interest will be due after 6 months
Hence,
the principle loan balance
= Principle loan amount initially - Total principle paid
= $6,000 - $450
= $5,550
Answer:
Please see below
Explanation:
a. A 5% stock dividend is declared and distributed when the market per share was $39.
Common stock par value($10) 500,000
Retained earning = 50,000 × 5% × 39
= $97,500
Common stock dividend distributed
50,000 × 5% × $10
= $25,000
See attached further explanations.
what do economies of scale, the ownership of essential raw materials, and patents have in common? They are all barriers to entry.
Materials or substances used in the initial stages of producing or manufacturing items are known as raw materials. On commodity exchanges around the world, raw materials are commodities that are purchased and sold. Since raw materials, like labor and capital, are factors of production, traders buy and sell them on the factor market.
Various sorts of raw materials can be employed in a wide range of goods. The inventory or input commodities that a business needs to make its products are known as raw materials. For instance, a car manufacturer would employ steel used in the construction of vehicles as a raw material.
Learn More About raw materials:
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