The Foundation of Overseas Colonies by European States Was Worth

question 40

Multiple Choice

The foundation of overseas colonies by European states was worth the investment because

• A) the colonists often created diverse new cultures that enriched life back in Europe.
• B) they contributed new resources to Western economies.
• C) they rarely cost very much.
• D) they provided added manpower.

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Definitions:

Earnings Per Share

A financial ratio calculated as a company's net income divided by the number of outstanding shares of its common stock.

Par Value

Par value is the nominal or face value of a bond, stock, or coupon as indicated on a certificate or instrument, often used in the legal capital of a corporation.

Net Income

The amount of earnings left over after all expenses, including taxes and costs of goods sold, have been deducted from total revenue.

Stockholders' Equity Accounts

These accounts represent the owners' equity in a corporation, including common stock, retained earnings, and additional paid-in capital.