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This quiz consists of 5 multiple choice and 5 short answer questions through The Master Moneyman: A Fortune in Paper.

Multiple Choice Questions

1. Carnegie's first installment on his one-eighth interest in Woodruff is $217.50 borrowed from the bank. The balance is paid by dividends in the venture's ________ year.
(a) Second.
(b) First.
(c) Third.
(d) Fourth.

2. Although Andrew dislikes the tedium, smells and hours, he works in another textile mill until what?
(a) He gets injured.
(b) He gets promoted to a management position.
(c) He gets an office opportunity in accounting.
(d) He gets a college scholarship.

3. What railroad focuses capital investments that either increase revenue or reduce unit cost to justify them?
(a) CSX.
(b) Union Pacific.
(c) BNSF.
(d) Pennsylvania.

4. Machines begin taking over production with energy from _____________ independent from windmills and waterwheels.
(a) Oil-burning steam boilers.
(b) Electric steam boilers.
(c) Wood-burning steam boilers.
(d) Coal-fired steam boilers.

5. When dividend payments stop, Carnegie plans a ________ exit to maximize Pacific's price by speculation that lets the triumvirate cash out and leave the remaining Pacific stockholders to drown.
(a) Three-step.
(b) Two-step.
(c) Four-step.
(d) Five-step.

Short Answer Questions

1. Who was the founder of Intel and Liz Claibourne?

2. James L. Shaw of the Pacific and Atlantic Telegraph Company offers to buy how many shares of Keystone at three times its value, or $150,000?

3. Andrew Carnegie's last bond financing sale comes in July, _______ when he sells $6 million in bonds to Sulzbach Brothers, who buy bonds reluctantly, with Carnegie's encouragement.

4. Railroad receipts increase from $40 million in 1851 to _____________ fifteen years later in 1867.

5. Who is Cuban Roberto Goizuetta?

(see the answer key)

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