A Significant Difference Between the Vikings and Columbus Was That

question 70

Multiple Choice

A significant difference between the Vikings and Columbus was that

• A) the Vikings were only interested in exploring Africa's coasts.
• B) Columbus's voyages received far more publicity and would not be forgotten.
• C) Columbus and other explorers for Spain did not use violence.
• D) Viking ships did not use sails and were unable to cross the Atlantic.
• E) the Vikings never attempted to establish settlements.

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Definitions:

Stockholders' Equity

Represents the owners' residual interest in the assets of a corporation after deducting liabilities.

Prior Period Adjustment

Corrections of material errors related to a prior period or periods, excluded from the determination of net income.

Retained Earnings

The portion of a company's profits that is kept or retained for reinvestment in the business, rather than being distributed to shareholders as dividends.

Stock Split

A corporate action to increase the number of outstanding shares by issuing more shares to current shareholders, proportionally decreasing the stock price.