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3 years ago

Evaluate the business and charitable contributions of andrew carnegie and john

1 answer:

8 0

Both Carnegie and Rockefeller were the biggest businessmen and the riches in the 20th century. After all their great amount of profits garnered, both had individually decided to embark in a journey of charities. Carnegie had charity contributions that were made into school such as the Carnegie Institution, Tuskegee Instituion, and a lot more. He was dubbed as the patron saints of libraries and decided to set up more charitable foundations. Rockefeller on the other had a lot of charities and activities that gave away his excess money into charitable causes. He too had built schools by starting to build University of Chicago.

But with all their charitable and business contributions, I would say I like Carnegie more because it gave away of a lot of technologies we know of today and he is working on a principle he deeply believes in that after gaining your wealth you should contribute this wealth for the general welfare. However, Rockefeller too was great and focused his contributions on public service.

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Vault-Tec. has annual fixed costs excluding depreciation of $1,000,000 and variable costs that are 75% of sales. If depreciation

alina1380 [7]

Answer:

Vault-Tec's break-even level of sales ==$3,000,000

Explanation:

Break-even point is the level of activity at which a firm must operate such that its total revenue will equal its total costs. At this point, the company makes no profit or loss.

It is calculated using this formula:

Break-even point (sales) = Fixed cost/c/s ratio.

c/s means contribution to sales ratio

C/s ratio = (sales - variable cost)/sales

C/S is the proportion of sales value that is earned as contribution. its is sales less variable costs.

So if for an instance, variable costs are 60% of sales, then contribution will be 40% of sales i.e (100-60)% .

<em>Now we can apply these concepts to our questions:</em>

c/s =( 100-75)% = 25%

Break-even point( sales) = (1,000,000- 250,000)/25%

= 750,000/0.25

=$3,000,000

<em>Note that depreciation is excluded from the fixed costs because it is a non-cash flow item.</em>

Vault-Tec's break-even level of sales ==$3,000,000

3 0

2 years ago

The parents of a young child decide to make annual deposits into a college savings account. The first deposit will be made on he

Gnom [1K]

Answer:

The amount of the equal, annual deposits made on birthdays 5 through 15 is $3,970.58

Explanation:

First, let's calculate the present value of the college expenses on her 17th birthday (a year before college) using NPV formula

NPV(9%, 20000...32000) = $82,839.69

Now, its value on 15th birthday should be equal to 82,839.69 / (1 + 9%)² = $69,724.51

Using the PMT formula, we can calculate the annual amount they have to invest for 11 years to get to this sum at 9% annual rate

PMT(rate = 9%, nper = 11, pv = 0, fv = 69,724.51, 0) = $3,970.58

5 0

2 years ago

You expect KT industries (KTI) will have earnings per share of $4 this year and expect that they will pay out $1.75 of these ear

melisa1 [442]

The value of a share of KTI's stock today is closest to 9.5% , 0.004375 .

Explanation:

Investment Investment (ROI) is an investment performance metric used to evaluate or compare the success of a variety of investment operations.

In addition to the spending price, ROI aims to explicitly calculate the make value of a single project.

g = retention rate

ROI = 0.75*13% = 9.5%,

Price = 1.75/(0.10-0.0975) = 0.004375

5 0

3 years ago

Nina is induced by her guardian Ollie to sign a contract to invest funds in Penny Stocks Inc. through Ollie’s investment firm. U

Lina20 [59]

Answer and Explanation:

Nina's guardian Ollie is putting an undue influence on Nine to sign a contract to invest funds in Penny Stocks Inc. In this way Ollie is getting benefit while exerting pressure on Nina. Nina has the option to cancel the contract on the basis of undue influence.

6 0

3 years ago

You are planning a special wedding three years from today. You don't know who your spouse will be but you do know that you are s

Novay_Z [31]

Answer:

Total amount collected = $94,400

Explanation:

Given:

1st investment = $25,000

2nd Investment = $35,000

3rd investment = $45,000

Computation of total amount:

$Total\ amount = \frac{25,000}{1} +\frac{35,000}{(1+r)^1} +\frac{45,000}{(1+r)^3} \\\\Total\ amount = \frac{25,000}{1} +\frac{35,000}{(1+0.07)^1} +\frac{45,000}{(1+0.07)^3} \\\\Total\ amount = \frac{25,000}{1} +\frac{35,000}{(1.07)^1} +\frac{45,000}{(1.07)^3} \\\\Total\ amount = \frac{25,000}{1} +\frac{35,000}{(1.07)} +\frac{45,000}{(1.2250)} \\\\Total\ amount = 25,000 +32,710.28 +36,734.6939 \\\\Total\ amount = 94,444 \\\\$

Total amount collected = $94,400

3 0

3 years ago