In Return for Fifty Old American Destroyers, the British Gave

question 24

Multiple Choice

In return for fifty old American destroyers, the British gave the United States

• A) a major contract to supply weapons to the British army and navy.
• B) scientific information valuable for developing the atomic bomb.
• C) eight valuable naval bases stretching from Newfoundland to South America.
• D) access to German military codes.
• E) six air bases in Scotland and Iceland.

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Definitions:

Capital Rationing

A strategic financial approach where a company restricts its spending on new projects due to limited resources.

Net Present Value

A performance indicator for assessing an investment's profit, derived by taking away the current value of cash disbursements from the current value of cash incomes during a specific period.

Capital Expenditure

Funds used by a company to acquire or upgrade physical assets such as property, industrial buildings, or equipment.

Cash Inflows

The total amount of money being transferred into a business, typically measured within a specific time period.