The Colony of South Carolina Prospered

question 16

Multiple Choice

The colony of South Carolina prospered  

• A) by developing close economic ties with the British West Indies.
• B) only after Georgia was established.
• C) as a result of the importation of Indian slaves.
• D) because of its thriving shipbuilding industry.
• E) under the leadership of Oliver Cromwell.

---

Definitions:

Working Capital

The difference between a company's current assets and current liabilities, indicating the liquidity available to fund its day-to-day operations.

Earnings Per Share

A financial metric that calculates the portion of a company's profit allocated to each outstanding share of common stock, indicating the company's profitability.

Earnings Per Share

A financial metric that indicates the portion of a company's profit allocated to each outstanding share of common stock.

Dividend Payout Ratio

The percentage of earnings paid to shareholders in dividends, indicating how much money a company returns to shareholders versus retaining.