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.
Answer:
$2,254
Explanation:
The computation of the amount of the check is shown below:
= Sale value of merchandise - returned goods - discount amount
where,
Sale value of merchandise is $2,500
Returned goods is $200
And, the discount is 2% of $2,300 = $46
So, the amount of the check is
= $2,500 - $200 - $46
= $2,254
We simply applied the above formula so that the correct amount could come
First, we need to calculate for the total return of the project by multiplying 4,930 by 65. Doing so will give us an answer of $320,450. Then, we calculate the rate of return as shown below.
rate of return = ($320,450 / $238,400) x 100%
= 134.42%
Thus, the rate of return of the said project is approximately 134.42%.
Answer: $9,965
Explanation:
FOB Shipping point is a shipping condition that means that the buyer takes over the ownership and control of the inventory as soon as the seller ships it. Everything afterwards is therefore the responsibility of the buyer.
As the following costs come after shipping, they will be included in the acquisition cost;
= Acquisition cost + shipping insurance + transportation-in by train + used panel restoration
= 9,000 + 135 + 280 + 550
= $9,965
<em>Sales staff salaries, online advertising and lawn care are not related to the inventory. </em>
