The Following Questions Refer to the Excerpt Below

question 48

Multiple Choice

The following questions refer to the excerpt below.
"With a good deal of surprise I have observed that little notice has been taken of an act of Parliament...If the Parliament may lawfully deprive New York of any of her rights,it may deprive any or all the other colonies of their rights;and nothing can possibly so much encourage such attempts as a mutual inattention to the interest of each other.To divide and thus to destroy is the first political maxim in attacking those who are powerful by their union.He certainly is not a wise man who folds his arms and reposes himself at home,seeing with unconcern the flames that have invaded his neighbor's house without using any endeavors to extinguish them."
Letter from a Pennsylvania Farmer,The Boston Chronicle,1767
-The Pennsylvania Farmer's reference to the acts of Parliament concerning the colony of New York reveal

• A) the development of a sense of common identity among the American colonists.
• B) the shared economic interests of New York merchants and Pennsylvania farmers.
• C) the extent of British military dominance over the American colonies.
• D) the influence of radical colonial elites on the consciousness of the American colonies.

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A stringent indicator of a company's liquidity, calculated by dividing liquid assets excluding inventories by current liabilities.

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Acid-Test Ratio

A liquidity ratio that measures a company's ability to pay off its current liabilities with quick assets (cash, marketable securities, and accounts receivable).