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This quiz consists of 5 multiple choice and 5 short answer questions through Triumph and Tragedy.

Multiple Choice Questions

1. In 1863, his investments pay $45,460 and by 1868, he receives __________ per year for an investment of $817 that he borrows to make.
(a) $561.
(b) $5,610.
(c) $56,110.
(d) $561,100.

2. Scott and Thomson hold stock in Carnegie's name for what reason?
(a) Carnegie will not allow them to hold stock in anyone else's name.
(b) They are afraid to hold stock in their own.
(c) To avoid impropriety for Carnegie's one-eighth interest.
(d) Carnegie is very well-known and trusted.

3. At the age of ___________ Carnegie finds a wife for his home, a business successor and considers retirement.
(a) Sixty.
(b) Forty.
(c) Fifty.
(d) Fifty-four.

4. With whom does Carnegie form Columbia Oil Company?
(a) Willard Coleman.
(b) Wilson Coleman.
(c) William Coleman.
(d) Wallece Coleman.

5. Andrew goes to night school in bookkeeping at what age?
(a) Twenty.
(b) Fourteen.
(c) Sixteen.
(d) Eighteen.

Short Answer Questions

1. Carnegie uses $11,000 in Woodruff dividends to buy 1,100 shares that pay $17,800 in their first year and eventually over _________ dollars.

2. Scott leaves Carnegie in charge when he does what?

3. The industrial economy is crippled with some __________________ firms failing over six years.

4. What demand adequate cash flow and net income for operating expenses and a dividend sufficient to maintain and attract capital to grow?

5. 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?

(see the answer key)

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