Answer : Andrew Carnegie and John Rockefeller.
Andrew Carnegie owned and operated the largest iron and steel company in the United States.
John.D. Rockefeller is credited with establishing the oil industry in the United States. His astuteness, efficiency and clear vision helped him to steer through the glut in oil drilling in the early 1860s and establish the oil industry.
Answer: Clustering
Explanation: In simple words, clustering refers to a form of communication in which a single person transmits the message to the sub groups and this cycle follows on. The individuals to which message is transmitted are not randomly selected.
In the given case, John wants to know the factors for which the potential customer wants to purchase his brand products. However due to higher population on target individual analysis is not feasible.
Thus, John should opt for Cluster by making subgroups for the flow of information.
Answer:
It will have no consequence.
It will help meet citizens ' needs and wants.
It will have negative consequence. (C)
It will help contribute to the success of the society. (X)
Explanation:
Answer:
Savings Ratio = 6.15%
Explanation:
- To calculate the savings ratio, income statement should be prepared at first.
- You should find the Income statement in the picture attached
According to the Income statement Ed and Marta has $200 available for savings after taking out all the expenses.
- After preparing the Income Statement, now we can calculate the savings ratio by using the formula mentioned below.
Formula: Savings ratio = 
After applying the formula we get: Savings ratio = 
Interpretation: As the ratio is about how much income you have for the savings in percentage. It is a great tool to determine weather you can save more or are savings enough, which in turn will help you in future decision making.
Ed and Marta's savings ratio is about 6% which is enough for them and means that they are saving much, although it's not even near to favorable percentage which is 10% but considering their will power to save even 6% is good. Further they should compare this to past savings ratio to get the idea of where they are standing at right now. Even better would be comparing this ratio with their desired savings if they have any in their mind.
Answer:
False
Explanation:
Not all depositors will get their cash. The FED, which is the body that regulates commercial banks, requires the banks to keep only a small percentage of customers deposits in their custody. The percentage maintained in the banks is known as the reserve. The percentage of the reserves requirement varies with time.
If all depositors decide to withdraw at once, they can not get their money as only the reserve amount will be available in the banks. Commercial banks usually lend out the rest of the customers' deposits to make profits.
