What Enabled the Californios to Establish Large Cattle Ranches in California

question 114

Multiple Choice

What enabled the Californios to establish large cattle ranches in California?

• A) the collapse of native populations due to epidemic disease
• B) the American victory in the Mexican War
• C) the creation of railroad lines linking California and Chicago
• D) the dissolution of mission landholdings by the Mexican government
• E) the affordability of black slaves in Mexico-controlled California

---

Definitions:

EPS

Earnings Per Share (EPS) is a financial ratio calculated by dividing the company's net profit by the number of its outstanding shares, indicating how much money a company makes for each share of its stock.

Myron Gordon

An economist best known for his work on dividend policy and stock valuation, including the Gordon Growth Model which relates a company's dividend policy to its stock valuation.

John Lintner

A prominent economist known for his work on dividend policies and the capital asset pricing model (CAPM).

Dividend Payout Ratio

The proportion of earnings paid out as dividends to shareholders, expressed as a percentage of the company’s total earnings.