The railroads have an impact on contemporary business methods corporate boards are created.
In the United States, an extensive network of railroads was built starting in the nineteenth century, allowing for the movement of products and people over significant distances, the settlement of sizable areas of the country, the development of towns and cities, and the unification of a country. Early railroads were a long cry from the vast train network that was constructed in the nineteenth century and is still in use today. In the early days of railroad construction in the United States, horses transported cargo to adjacent waterways along short, wooden railways constructed by quarries and mines.
In Quincy, Massachusetts, and Mauch Chunk, Pennsylvania, quarry and mine owners built the first full-size railroads in 1827. In 1829, the first locomotive to be used on a railroad was purchased from England.
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Answer: considered to be an offer to buy made by the agent
Explanation:
An offer to buy simply means a proposal made by a buyer to buy an asset, and this becomes legally enforceable once the person who intends to buy the asset accepts the offer made by the seller.
In this case, the agent has contacted the existing client to know if he is interested in selling these shares and once the seller agrees, the shares will be sold at an agreed price.
Answer:
58 days
Explanation:
The computation of the average collection period is shown below:
Average collection period = Total number of days in a year ÷ (Sales ÷ Average receivable)
= 360 days ÷ ($500,000 ÷ $80,000)
= 57.6 days
= 58 days
The average receivable is come by dividing the sales from the account receivable
We simply applied the above formula so that the average collection period could come
This is the answer but the same is not provided in the given options
And, this is an incomplete information kindly find the attachment below:
Answer:
The correct answer is (D)
Explanation:
In a hypothetical economy, the increase in immigration, in the long run, will increase the number of workers in the shoe industry. The shoe industry is less capital intensive compared to the computer industry, which is why immigration will increase the number of workers in the shoe industry because it is more labour incentive. The other reason is the demand for labour in the computer industry is less because it is capital intensive industry.