Match the Term with the Definition

question 60

Multiple Choice

Match the term with the definition.
-Laws passed by state governments in the South in 1865 that sought to force freedmen back to the plantations and keep ex-slaves subordinate to whites.

• A)black codes
• B)carpetbagger
• C)Civil Rights Act of 1866
• D)Compromise of 1877
• E)Fifteenth Amendment
• F)Fourteenth Amendment
• G)Freedmen's Bureau
• H)Ku Klux Klan
• I)Military Reconstruction Act
• J)Redeemers
• K)scalawag
• L)sharecropping

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Definitions:

Preferred Dividends

Preferred dividends are payments made to preferred shareholders before any dividends are paid to common shareholders, usually fixed and based on a percentage of the par value of the shares.

Accounts Receivable Turnover

A financial ratio indicating how many times a company collects its average accounts receivable balance in a period.

Net Sales

The total revenue from sales of goods and services, after deducting returns, allowances for damaged or missing goods, and any discounts allowed.

Net Accounts Receivable

The total amount of money owed to a company by its customers minus the portion expected to be uncollectible.