Which of the Following Is True for Cities in South

question 16

Multiple Choice

Which of the following is true for cities in South Asia as well as for cities in Greece and China around 500 BCE?

• A) Population declined because of warfare and invasion.
• B) Accounting and financial record keeping had not yet emerged,which limited the growth of financial transactions.
• C) City dwellers,compared to rural peasants,had less material wealth.
• D) Coins came into use around this time,which improved commerce in urban areas.

---

Definitions:

M&M Proposition I

A theory stating that the value of a leveraged firm is the same as the value of an unleveraged firm provided there are no taxes, bankruptcy costs, and asymmetric information.

Debt-Ratio

is a financial metric that compares a company's total debt to its total assets, showing how much of the company's assets are financed by debt.

Capital Structure

Refers to how a firm finances its overall activities and growth through different sources of funds, such as debt and equity.