List the Following Items in Order of Their Importance as Factors

question 20

Essay

List the following items in order of their importance as factors in the outbreak of war between the United States and Mexico: the failure of the Slidell diplomatic mission to Mexico, the positioning of General Taylor's troops on the Rio Grande, unresolved debt claims of American citizens, Manifest Destiny, and President Polk's quest for California. Justify your ranking and explain how each item contributed to the outbreak of war.

---

Definitions:

Discount on Note Payable

The difference between the face value of a note payable and its issue price when the note is sold for less than its face value, effectively acting as an interest expense over time.

Interest Expense

Money that an entity has to pay over time for the privilege of borrowing funds.

Liquidity

The measure of a company's or individual's ability to meet short-term obligations without raising external capital, often reflected by the amount of cash or easily convertible assets.

Operating Cycle

The period of time it takes for a company to purchase inventory, sell it to customers, and collect the cash from the sales.