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11Alexandr11 [23.1K]
3 years ago
10

How did collis p huntington spend his money business wise?

Business
1 answer:
Papessa [141]3 years ago
5 0
<span>Huntington was a railroad tycoon who was a key player in the transcontinental railroad. Huntington also developed railroads up and down the east coast in the 1880s. Huntington was one of the key 4, the 4 railroad tycoons who worked/ competed to complete the transcontinental railroad.</span>
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What is the largest type of financial institution ?
Alecsey [184]
1.) Commercial Bank
2.)Advisory Firms
3.)Mutual Funds
4.)Insurance Companies
7 0
2 years ago
Bottle Breacher was a successful company that began with crowdfunding through the television show Shark Tank. This is an example
Natalija [7]

Considering the situation described above, this is an example of the "Reward-based" model of crowdfunding.

This is because a reward-based crowdfunding model is a type of crowdfunding that gives the donor something of value in return.

These rewards may be in the form of commodities, services, discounts, or adverts, etc.

There are various types of crowdfunding models. The most common types are the following:

  • Equity-based model;
  • Donation or social-based model;
  • Lending model;
  • Reward-based model.

Hence, in this case, it is concluded that the correct answer is the "Reward-based model" of crowdfunding.

Learn more here: brainly.com/question/21940014

8 0
2 years ago
Patti Company owns 80% of the common stock of Shannon, Inc. In the current year, Patti reports sales of
Nikitich [7]

Answer:

$7,604,500

Explanation:

Total cost of goods sold:

= Cost of goods sold of Patti Company + Cost of goods sold of Shannon Inc.

= $7,500,000 + $160,000

= $7,660,000

Consolidated cost of goods sold:

= Total cost of goods sold - Intra-Entity sales added in cost of goods sold of Shannon Inc. + Unrealized profit on ending inventory eliminated by adjusting cost of goods sold

=  $7,660,000 - $60,000 + ($60,000 × 0.25) × 30%

= $7,660,000 - $60,000 + $4,500

= $7,604,500

3 0
3 years ago
_____ is the practice of using team selling to focus on the firm's most important customers so as to build mutually beneficial,
jekas [21]

Key account management is the practice of using team selling to focus on the firm's most important customers so as to build mutually beneficial, long-term relationships.

  • Getting a prospect's commitment to buy during the closing stage of the selling process.
  • Because the salesperson must ascertain when the prospect is prepared to buy, this stage is both the most crucial and the most challenging.
  • accurate, complete, and step-by-step information is provided.
  • Setting goals, structuring the sales force, hiring, choosing, training, and rewarding salespeople, as well as assessing each salesperson's performance, are all duties involved in managing personal selling.

<h3>What is team selling approach?</h3>
  • Account-based selling frequently employs the sales technique of team selling to increase transaction closing rates.
  • Team selling, in its simplest form, is a collaborative sales method where two or more team members work together to earn business rather than working those accounts alone.

Learn more about team selling approach brainly.com/question/23772356

#SPJ4

3 0
1 year ago
Use the following advice from most financial advisors to solve the problem. ∙ Spend no more than 28% of your gross monthly incom
Aliun [14]

Answer:

a) $1,400

b) $1,800

c) $820

Explanation:

If the annual income is $60,000, the gross monthly income is I=60,000/12=5,000.

a) The maximum amount you should spend each month on a mortgage payment is:

MP=0.28*I_m=0.28*5,000=1,400

b) The maximum amount you should spend each month for total credit obligations (including mortage) is:

DP = 0.36*I_m=0.36*5,000=1,800

c) If we need only 70% of the maximum allowed for the mortage, we have more income available for other debt payments.

The 70% represents:

MP'=0.7*(0.28*5,000)=980

We substract this from the total budget for debt payments and we have the budget for all other debts but mortage:

ODP=1800-980=820

3 0
3 years ago
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