In the Three-Field System, One Field Was Planted with Winter

question 62

Multiple Choice

In the three-field system, one field was planted with winter grains, a second with spring grains and vegetables, and the third field was

• A)planted with corn.
• B)allowed to lie fallow.
• C)used to graze animals.
• D)used for markets and fairs.
• E)planted with cotton or sugar.

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Definitions:

Return On Investment (ROI)

A financial metric that calculates the profitability of an investment by dividing the profit gained from an investment by its cost.

Net Operating Income

A measure of a company's financial performance, calculated as revenues minus expenses from operations, not including non-operating income and expenditures.

Operating Assets

Assets employed in the day-to-day operations of a business that are expected to generate economic benefits, including both current and non-current assets.

Transfer Price

The price charged by one division of a company for products or services that it supplies to another division within the same company.