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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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The overlap that occurs when the same people see an ad twice is referred as

telo118 [61]

B. That is duplicated reach

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3 years ago

Sioux Corporation is estimating the following sales for the first four months of next year:January$210,000February$280,000March$

Serjik [45]

Answer:

$358,000

Explanation:

Calculation to determine how much cash should Sioux expect to collect during the month of April

April sales collected in April ($370,000 × 60%) $222,000

March sales collected in April ($340,000 × 40%) $136,000

Total cash collections in April $358,000

($222,000+$136,000)

Therefore the amount of cash that Sioux should expect to collect during the month of April is $358,000

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3 years ago

The transactions of Spade Company appear below.

torisob [31]

Answer:

Please see the required journals below.

Explanation:

a. Owner's investment in business

Debit Cash $18,750

Credit Common Stock $18,750

b. Purchase of office supplies

Debit Office Supplies $544

Credit Cash $544

c. Purchase of office equipment on credit

Debit Office Equipment $10,369

Credit Accounts Payable $10,369

d. Receipt of fees for services provided to a customer

Debit Cash $2,212

Credit Fees Earned $2,212

e. Payment of office equipment purchased on credit

Debit Accounts Payable $10,369

Credit Cash $10,369

f. Fees for services provided to a customer

Debit Accounts Receivable $3,975

Credit Fees Earned $3,975

g. Payment for monthly rent

Debit Rent Expense $515

Credit Cash $515

h. Collection of partial accounts receivable in (f) above

Debit Cash $1,670

Credit Accounts Receivable $1,670

i. Withdrawal of cash for personal use

Debit Drawings account $1,100

Credit Cash $1,100

5 0

3 years ago

Assume you sell short 100 shares of common stock at $50 per share, with an initial margin at 50%. The stock paid no dividends du

son4ous [18]

Answer:

40%

Explanation:

Initial amount invested = $50 × 100 × 50% = $2,500

Profit from sale and repurchase = ($50 - $40) × 100 = $1,000

Rate of return = $1,000 ÷ $2,500 = 0.40, or 40%.

Therefor, the rate of return would be 40%.

4 0

3 years ago

On January 1, Company A leased equipment for a six-year period. Annual lease payments are $12,000 due on December 31 of each yea

raketka [301]

Answer:

Dr Right of use asset 59,007.60

Cr Lease liability 59,007.60

Explanation:

Variable lease payments are generally not included as right of use asset or lease liability. Even though a 60% possibility exists that an additional $5,000 will be paid, they are not based on an index and are not disguised payments (only two exceptions to this rule).

Annual lease payments = $12,000

PV annuity factor, 6%, 6 periods = 4.9173

PV of lease payments = $12,000 x 4.9173 = $59,007.60

3 0

3 years ago