Which Event Helped Lead to a Change in the Way

question 56

Multiple Choice

Which event helped lead to a change in the way that the electoral college chose the president and vice president?

• A) the riots caused by the Alien and Sedition Act in the 1790s
• B) the duel between Alexander Hamilton and Aaron Burr in 1803
• C) the failure of Andrew Jackson to win the White House in 1824
• D) the failure of the electoral college to produce a majority for any candidate in 1824
• E) the secession of southern states in 1860

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Definitions:

Equity Multiplier

This financial ratio measures a company's leverage by comparing its total assets to its total shareholders' equity.

Net Profit Margin

A financial metric that shows the percentage of net income relative to revenue, indicating how much profit is generated from each dollar of sales.

Gross Margin

The difference between sales revenue and the cost of goods sold (COGS), indicating the profitability of a company's core business activities.

Times Interest Earned

A financial ratio that measures a company's ability to meet its debt obligations by comparing its earnings before interest and taxes (EBIT) to its interest expenses.