Which of the Following Statements About King Louis XIV of France

question 38

Multiple Choice

Which of the following statements about King Louis XIV of France is true?

• A) His reign was held to be a model of absolutism for other countries.
• B) He ruled France at a time when it was considered to have lost its power.
• C) He favored the middle class over the nobility and was highly concerned about urban middle-class trade.
• D) He put an end to all public works projects run by the government, such as building canals.
• E) He began the tradition of royal ceremonies that emphasized the bonds between king and kingdom.

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Definitions:

Return on Assets

A financial ratio that measures the profitability of a company in relation to its total assets, indicating how efficiently a company uses its assets to generate profit.

Inventory Sold

The cost of goods that have been sold from the inventory over a specific period, which is used to calculate the cost of goods sold.

Cash Coverage Ratio

A financial metric that measures a company's ability to cover its debt obligations with its cash and cash equivalents.

Net Income

The profit or loss of a company after all revenues, expenses, taxes, and costs have been subtracted from total revenue.