May i have the answer for this im not quite sure

What were some of the challenges Carnegie faced? Do you think he could have avoided these difficulties?

AnnZ [28]

Carnegie had unlimited control of the steel industry during the 1880s. He had monopoly over the steel business and it was up to him how he did the pricing and what services he offered. During the 1890s, the government had taken action to limit Carnegies control over the steel industry. Regulations crippled Carnegie's business.

7 0

3 years ago

Peterson Furniture Designs is preparing its annual financial statements dated December 31. Ending inventory information about th

puteri [66]

Answer:

Peterson Furniture Designs

Ending Inventory

Q Purchase cost NRV Total LC&NRV

Alligator Armoires 60 $25 $22 $1,320

Bear Bureaus 85 $50 $50 $4,250

Cougar Beds 20 $60 $62 $1,200

Dingo Cribs 40 $40 $40 $1,600

Elephant Dressers 450 $20 $16 $7,200

Total $15,570

The value of the ending inventory using lower of cost or net realizable value (LCNRV) is $15,570. The individual LCNRV is underlined for each item.

Since the purchase cost ($17,550) is higher than the ending inventory, the journal entry should be:

December 31, 202x, adjusting value of ending inventory

Dr Cost of goods sold 1,980

Cr merchandise inventory 1,980

5 0

3 years ago

stock has a required rate of return of 10.25%, and it sells for $57.50 per share. The dividend is expected to grow at a constant

elena-s [515]

Answer:

D; $2.44

Explanation:

In this question, we are asked to calculate expected year-end dividend D1 for a particular stock.

Mathematically,

Current stock price = Expected year end dividend/(Required return rate - growth rate)

Using the information in the question, we identify the following;

Current stock price = $57.50

Expected year end dividend = ?

Required return rate = 10.25%(0.1025)

Growth rate = 6%(0.06)

We can rewrite the equation as ;

Expected year end dividend = Current stock price * (Required return rate - Growth rate)

= 57.5 * (0.1025 - 0.06) = 57.5 * 0.0425 = $2.44375

Hence, the expected year-end dividend D1 = $2.44

7 0

3 years ago

Read 2 more answers

What is the ongoing set of competitive actions and competitive responses that occur among firms as they maneuver for an advantag

finlep [7]

The ongoing set of competitive actions and competitive responses that occur among firms as they maneuver for an advantageous market position is called competitive rivalry.

Aggressive competition is the continued set of aggressive moves and competitive responses that occur amongst corporations as they maneuver for an nice market position. competitors are firms running in the equal market, supplying similar merchandise, and concentrated on similar customers.

Creates a positive picture of your emblem or product: Positioning in advertising lets in you to influence how others view your product. in case you create materials that show the product in a effective light, customers may partner you this, that may result in extra purchases.

Learn more about advantageous market position here:-brainly.com/question/15530466

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5 0

2 years ago

What is the last account that should be listed in the Post Closing Trial Balance? Group of answer choices Income Summary Capital

Gekata [30.6K]

Answer:

Capital account

Explanation:

The post-closing trial balance is the trial balance that is prepared after recording the closing entries so that the post-closing trial balance could be prepared and plus it would also match the debit sections with the credit sections so that the financial statements presents the fair view to the users of the accounting

And, while preparing the post-closing trial balance, the capital account always appears in the last

8 0

3 years ago