In 1964, Which of the Following Was True of the University

question 23

Multiple Choice

In 1964, which of the following was true of the University of California at Berkeley?

• A) It was the site of the formation of the free-speech movement (FSM) following a
• Student sit-in.
• B) It remained racially segregated, causing most of the activism there to focus on civil rights.
• C) It had become devoid of social activism due to the fear surrounding the cold war.
• D) It became the birthplace of the counterculture and saw the very start of the hippie movement.
• E) It was the scene of a bloody confrontation between students and the National Guard.

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Definitions:

Interest Expense

The cost incurred by an entity for borrowed funds over a period of time.

Average Operating Assets

The average value of assets used in the normal operation of a business, calculated over a specific period.

Net Operating Income

Net Operating Income is the total profit of a company after operating expenses are subtracted from operating revenues, excluding non-operating costs.

Residual Income

Income that remains after all operating expenses and costs of capital have been deducted from net operating income.