According to andrew carnegie and the rise of big business, which statements are true?
i. the editor’s preface states that the correct sequence of carnegie’s career was: he became superintendent of the western division of the pennsylvania r. r.; engaged in stock speculation; became a major manufacturer of steel; founded many of the philanthropies that bear his name.
ii. when the carnegie family left scotland, they had no friends or relatives in the u. s. to give them a hand until they could get on their feet.
iii. carnegie’s primary motive, first in founding cyclops iron works and then in merging it into union iron in 1865, was to create a reliable and cheap source of beams and plates for keystone bridge.
iv. in chapter 4, when the keystone bridge company opened, partners of the company held important positions in the pennsylvania railroad. livesay explains that today this situation would be called as a "ponzi scheme."
v. carnegie instituted a system that generated detailed cost data on units of labor and material per unit of output and applied it to management decision-making long before the formal elaboration of "scientific management" in the writings of frederick winslow taylor.

The price of trade suppose that portugal and sweden both produce rye and wine. portugal's opportunity cost of producing a bottle of wine is 4 bushels of rye while sweden's opportunity cost of producing a bottle of wine is 10 bushels of rye. by comparing the opportunity cost of producing wine in the two countries, you can tell thatportugal/sweden has a comparative advantage in the production of wine.andportugal/sweden has a comparative advantage in the production of rye. suppose that portugal and sweden consider trading wine and rye with each other. portugal can gain from specialization and trade as long as it receives more rye for each bottle of wine it exports to sweden. similarly, sweden can gain from trade as long as it receives more bottles of wine for each bushel of rye it exports to portugal. based on your answer to the last question, which of the following prices of trade (that is, price of wine in terms of rye) would allow both sweden and portugal to gain from trade? a. 1 bushels of rye per bottle of wineb. 8 bushels of rye per bottle of winec. 9 bushels of rye per bottle of wined. 3 bushels of rye per bottle of wine

Overspeculation and a decrease in consumer confidence are both leading factors of: ?

Presented below is a list of possible transactions. analyze the effect of the 18 transactions on the financial statement categories indicated. transactions assets liabilities owners’ equity net income 1. purchased inventory for $80,000 on account (assume perpetual system is used). 2. issued an $80,000 note payable in payment on account (see item 1 above). 3. recorded accrued interest on the note from item 2 above. 4. borrowed $100,000 from the bank by signing a 6-month, $112,000, zero-interest-bearing note. 5. recognized 4 months’ interest expense on the note from item 4 above. 6. recorded cash sales of $75,260, which includes 6% sales tax. 7. recorded wage expense of $35,000. the cash paid was $25,000; the difference was due to various amounts withheld. 8. recorded employer’s payroll taxes. 9. accrued accumulated vacation pay. 10. recorded an asset retirement obligation. 11. recorded bonuses due to employees. 12. recorded a contingent loss on a lawsuit that the company will probably lose. 13. accrued warranty expense (assume expense warranty approach). 14. paid warranty costs that were accrued in item 13 above. 15. recorded sales of product and related service-type warranties. 16. paid warranty costs under contracts from item 15 above. 17. recognized warranty revenue (see item 15 above). 18. recorded estimated liability for premium claims outstanding.