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In-s [12.5K]
3 years ago
10

Use your completed Reading Guide to answer the question. What was a result of the rise of the railroad industry? The cost of shi

pping increased because of the expense of building railroads. A few large railroad companies eventually split into many smaller companies. Cities like Chicago prospered because they were railroad hubs. More people began to settle along the eastern seaboard.
Business
1 answer:
Nat2105 [25]3 years ago
5 0

Answer:

The rise of railroad industry led to the prosperity of cities like Chicago as they became railroad hubs.

Explanation:

The rise in railroad industry made the emergence of industries in the Northeast region. The railroad improved the transport system and made it cheaper to move goods from the point of manufacturing to the market thereby making businesses to flourish. Consequently, Chicago became an attractive destination for establishing businesses which made its population to grow significantly.

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Midyear on July 31st, the Digby Corporation's balance sheet reported: Total Assets of $210.761 million Total Common Stock of $6.
xeze [42]

Answer:

the  Digby Corporation's total liabilities is $156.92 million

Explanation:

The computation of the total liabilities is given below:

Total Liabilities is

= Total Asset - (Total Common Stock + Retained Earnings)

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= $210.761 - $6.350 - $47.491

= $156.92 million

Hence, the  Digby Corporation's total liabilities is $156.92 million

The same should be relevant

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2 years ago
Which of the following actions can NEGATIVELY impact your credit score?
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It would be B hope this helps!
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What are the process of a business transaction
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You purchased a ticket to the musical Hamilton through a verified reseller for $457.00. When your ticket arrives, you see that t
Anton [14]

Answer:

d.The face value is below the equilibrium price because the rate in the secondary market exceeds the face value.

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The face value is $259 so it is less than the equillibrum price.

The rate in the secondary market is determining equillibrum price in this case.

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