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Natasha_Volkova [10]
3 years ago
8

Select all of the following that describes Andrew Carnegie.

Business
2 answers:
vivado [14]3 years ago
4 0

Answer:__ He donated large amounts of money to charity.

__ He controlled a large share of the steel industry.

Explanation:

Hi, Andrew Carnegie was a successful business man.

He was the owner of several steel companies in the United States and introduced many innovations in the process of manufacturing steel.

Andrew made a fortune in the steel industry, and after retiring he began to do charity investments. The areas of investments were primarily public libraries, educational centers, and concert halls.

Alex17521 [72]3 years ago
3 0

Answer:

__ He donated large amounts of money to charity.

__ He controlled a large share of the steel industry.

Explanation:

Andrew Carnegie is a popular philanthropist in Scotland due to his business mindsets. He was able to transform the steel industry and create job opportunities for people. He also employed talented and skilled workers with outstanding compensations for them. He was able to control a significant part of the steel industry.  

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OverLord2011 [107]

Answer:

$525,000

Explanation:

The computation of the net inflow or outflow is shown below:

= Total outflow - total inflow

where,

Total outflow = ∈2,000,000 × $1.05 = $2,100,000

Total inflow =  ∈1,500,000 × $1.05 = $1,575,000

Now put these values to the above formula  

So, the value would equal to

= $2,100,000 - $1,575,000

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This amount shows a net outflow as total outflow is greater than the total inflow.

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3 years ago
Balance sheets usually classify assets into at least two major categories: current assets and
astraxan [27]

Answer:

False

Explanation:

Balance sheets relate to balance and expenditure over a period.

6 0
3 years ago
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luda_lava [24]

The answer to question one is raising financial capital is difficult and the owner is personally liable for business debts.

Sole proprietorships have a number of advantages and disadvantages. These are two of the biggest disadvantages.

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8 0
3 years ago
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3 years ago
In the AD partnership, Allen's capital is $140,000 and Daniel's is $40,000 and they share income in a 3:1 ratio, respectively. T
Mamont248 [21]

Answer:

D) 137000 39000

Explanation:

Allen  140,000

Daniel 40,000

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share ratio 3:1

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180,000 + 40,000 = 220,000

David participation: 20%

220,000 x 20% = 44,000

David investment  40,000

goodwill: 4,000

There is a difference in goodwill which will be supported for the old partner as their current share ratio

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Daniel 4,000 x 1/4 = 1,000

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6 0
3 years ago
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