Which One of the Following Was Not One of the Results

question 4

Multiple Choice

Which one of the following was not one of the results of the California gold rush?

• A) Its population increased dramatically.
• B) Slaves, free blacks, Indians, Chinese, and Anglos eagerly joined together in the gold fields.
• C) The issue of slavery in the Mexican Cession was pushed to the forefront of national politics.
• D) The sleepy town of Yerba Buena became a city of 50,000.
• E) Minters from all over the world descended upon California.

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Definitions:

Retained Earnings

The portion of a company’s profit that is held back and not distributed to shareholders as dividends, to be reinvested in the business.

EBIT

Earnings Before Interest and Taxes - an indicator of a company's profitability that calculates income without tax expenses and interest expenses.

Straight Line

A method of allocating the cost of a tangible asset over its useful life in equal installments.

Net Income

The net income a company achieves once all costs and taxes are subtracted from its total revenues.