Which of the Following Statements About Slave Ships Is LEAST

question 10

Multiple Choice

Which of the following statements about slave ships is LEAST accurate?

• A)Diseases such as smallpox and "the flux" frequently dealt mortal blows to both the cargoes and the crews of slave ships.
• B)Although countries such as Britain enacted legislation to limit the number of slaves which a given ship could carry,slavers often crammed their holds with as many slaves as they could in defiance of the law.
• C)The numbers of deaths on slave ships were high largely because slavers found it more profitable not to purchase fresh provisions or medicines before leaving the coast of Africa.
• D)The trade in slaves was so profitable that European traders could reasonably expect to earn as much as a 100% profit from an investment in a slave ship.

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Definitions:

Operating Cash Flow

A measure of the amount of cash generated by a company's normal business operations over a period of time.

Retained Earnings

Retained earnings represent the portion of a company's profit that is retained within the business rather than distributed to shareholders as dividends, often used for reinvestment.

Dividend

A payment made by a corporation to its shareholders, usually in the form of cash or stock, from its earnings.

Loss

The reduction in the financial valuation of an investment, or when expenses exceed the income or total amount invested.