According to the Agreement Between Great Britain and the People's

question 69

Multiple Choice

According to the agreement between Great Britain and the People's Republic of China

• A) the British were to leave in 1997, regardless of the welfare of the Hong Kong population.
• B) the Chinese agreed to permit a half-century of largely self-governing capitalism in Hong Kong, after British rule ended.
• C) the true nature of Hong Kong autonomy after the British left was not discussed.
• D) the People's Republican Government ended Hong Kong's capitalist system.
• E) Hong Kong was recognized as an independent nation by the People's Republic of China.

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Definitions:

Times Interest Earned

A financial ratio that measures a company's ability to meet its debt obligations with its operating income.

Debt-To-Equity Ratio

An evaluation measuring how shareholder equity contrasts with debt in the economic arrangement to finance a company's assets.

Equity Multiplier

A ratio of financial leverage which quantifies the fraction of a company's assets funded by the equity of its shareholders.

Net Profit Margin

A financial ratio that shows the percentage of net income to revenue, indicating the efficiency at which a company converts sales into net profit.