What Convinced Tsar Alexander II That Reform Was Necessary

question 118

Multiple Choice

What convinced Tsar Alexander II that reform was necessary?

• A)Defeat in the Russo-Japanese War
• B)A mutiny in the Russian navy
• C)Socialist victories in the Russian Duma
• D)Defeat in the Crimean War
• E)Serious social upheaval in Russia

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Definitions:

After-Tax Net Income

The amount of profit left after all taxes have been deducted from total revenue.

Payback Period

The length of time it takes for an investment to recover its initial cost, used in capital budgeting to assess investment viability.

After-Tax Net Income

The amount of profit a company has left after paying all its taxes.

Straight-Line Depreciation

A method of allocating the cost of a tangible asset over its useful life in equal annual amounts, simplifying financial calculations.