Which of the Following Is NOT True Regarding the Dutch

question 29

Multiple Choice

Which of the following is NOT true regarding the Dutch during the Age of Exploration?

• A)A chief reason for their success was the Dutch East India Company.
• B)They were more interested in setting up colonies than trade.
• C)The Dutch used naval power against native groups.
• D)The Dutch were a small nation both in size and population.
• E)They eventually took over the spice trade from the Portuguese in Southeast Asia.

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Definitions:

Financing Activities

Transaction and events in a business's operations that involve obtaining resources from creditors and repaying those resources or obtaining capital from owners and providing them with a return on, and of, their investment.

Cash Dividends

Distributions of a portion of a company's earnings, decided by the board of directors, to a class of its shareholders in the form of cash.

Net Cash Flow

The variance between money coming in and going out of a business during a given timeframe.

Indirect Method

A cash flow statement approach that adjusts net income for changes in balance sheet accounts to identify cash flow from operating activities.