-Why Did the Confederacy Choose to Feature George Washington on Its

question 40

Multiple Choice

-Why did the Confederacy choose to feature George Washington on its seal?

• A) to show that Washington favored states' rights over a strong central government
• B) to emphasize its willingness to go to war with the Union
• C) to compare secession to the colonies breaking away from Britain during the Revolution
• D) to stress Washington's racist views toward African Americans

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Definitions:

Accounts Payable

Obligations of a business to pay for goods or services that have been delivered but not yet paid for.

Inventory

The total amount of goods and materials a company holds for the purpose of resale or production, including raw materials, work-in-progress, and finished goods.

Profit Margin

A financial ratio that calculates the amount of net income earned with each dollar of sales by dividing net profit by total revenue.

ROE

Return on Equity, which measures a corporation's financial productivity, is computed by dividing the net income by the total equity of shareholders.