By Sailing West, Columbus Hoped to Find

question 32

Multiple Choice

By sailing west, Columbus hoped to find

• A)Japan, gold, and potential Christians.
• B)the mythical continent of Atlantis.
• C)Atlantic islands suitable for Spanish colonization.
• D)new types of vegetables and fruits.
• E)proof of the accuracy of Classical Greek geographical information.

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Definitions:

Current Ratio

A liquidity ratio that measures a company's ability to pay short-term obligations with its current assets.

Debt-to-Equity

Debt-to-Equity is a financial ratio indicating the relative proportion of shareholders' equity and debt used to finance a company's assets.

Receivable Turnover Ratio

A financial metric used to measure how efficiently a company uses its assets by calculating how many times a company can turn its accounts receivable into cash within a period.

Inventory Turnover Ratio

The inventory turnover ratio measures how many times a company's inventory is sold and replaced over a period.