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bagirrra123 [75]
3 years ago
8

What was the main reason that Carnegie invested in the Frick Coke Company? He wanted to make sure he could always get fuel for h

is steel plant. He thought he could help the company become profitable. He wanted to invest in new technology. He was interested in the coal business.
Business
2 answers:
diamong [38]3 years ago
8 0

Answer:

I believe the answer is: He wanted to make sure he could always get fuel for his steel plant.

Explanation:

Nikolay [14]3 years ago
4 0

I believe the answer is: He wanted to make sure he could always get fuel for his steel plant.

At that time, the Frick Coke company was the largest coal producer in the country and they control about 80% of the coal market share. At that time, coal is the most important fuel resources for steel industries, they are used to melt and shapes the steel products.

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Answer: it’s D

Explanation:

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Consider a mutual fund with $300 million in assets at the start of the year and 10 million shares outstanding. The fund invests
djyliett [7]

Answer: Start = $300 million

End = $318.59 million

Explanation:

NAV can be calculated by dividing the funds Assets net of Liabilities by the total number of outstanding shares.

At start of the year NAV is $300 million and NAV per share is therefore,

= 300 million/ 10 million

= $30 per share.

Ending NAV

During the year the fund made Investments and increased by a price of 7%

= 300 million (1 + 0.07)

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We still have to subtract the 12b-1 fees that the fund charges though and that would result in,

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Dividing this by the total number of outstanding shares we have,

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$31.86 is the NAV per share at year end.

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3 years ago
The definition of internal control developed by the Committee of Sponsoring Organizations (COSO) includes controls related to th
xxMikexx [17]

Answer:

The correct answer is Option D.

Explanation:

Internal control comprises the whole system of financial and other controls established and operating within a business, including internal check, internal audit and all other forms of control.

Based on Committee of Sponsoring Organizations (COSO) framework, there are 5 interrelated components of internal control, which are: Control environment, Risk assessment, Control activities, Information and communication and Monitoring.

It is necessary to stress that internal control relates to all forms of controls within an organization and not necessarily limited to only accounting matters e.g., a security check on vehicles exiting business premises to be sure they are not carrying stolen items from the organization is an internal control but not an accounting-related.

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A decision support system is one software that helps to make effective decisions with providing various alternatives of the solution to the problems addressed.

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1 year ago
While traditional and charismatic styles of leadership focus on ___________________________________, transformational leadership
tia_tia [17]

Answer:

personality vision, hard work personalities

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