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What was JP Morgan business practices?
J.P. Morgan was known for reorganizing businesses to make them more profitable and stable and gaining control of them. He reorganized several major railro...
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Who dominated the American steel industry?
Scottish-born Andrew Carnegie (1835-1919) was an American industrialist who amassed a fortune in the steel industry then became a major philanthropist. Ca...
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Is Apple Inc a good investment?
Apple stock is worth its premium valuation After all, the company’s price-to-earnings ratio of 34 doesn’t exactly sound like a bargain. With shares down 1...
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What is reserve account journal entry?
In accounting, reserves are recorded by debiting the retained earnings account then crediting the same amounting to the reserve account. Reserve accounts ...
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How many pecan trees can be planted per acre?
The spacing of pecan trees depends on geographical location. In their native and eastern ranges, pecan trees are commonly spaced on a 40 feet x 40 feet gr...
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Does the SEC regulate FASB?
The Securities and Exchange Commission (SEC) recognizes the FASB as the accounting standard setter for public companies. The FAF oversees both the FASB an...
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Why I want to become an entrepreneur?
5. They want to do things. Entrepreneur Guy Kawasaki said, “The best reason to start an organization is to make meaning — to create a product or service t...
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How much do you have to take out of 401k at 70?
Uniform lifetime table Age Applicable divisor 70 27.4 71 26.5 72 25.6 73 24.7 How much should my 401k be a month? Monthly 401(k) contributions The maximum...
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What can an accountant help me with?
What does an accountant do? 14 things you didn’t know an accountant could do. Accountants do more than you think. Launch a startup. Help with business str...
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Is government regulation important in our economy?
Regulations are indispensable to the proper function of economies and societies. They create the “rules of the game” for citizens, business, government an...
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