The Phrase Raison D'état Was Invented by

question 45

Multiple Choice

The phrase raison d'état was invented by

• A) Henry VIII.
• B) Niccoló Machiavelli.
• C) Cardinal Richelieu.
• D) Charles V.
• E) Louis XIV.

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Definitions:

Retained Earnings

The portion of net income that is retained by the corporation rather than distributed to its owners as dividends.

Base Year

A specific year or period selected as a reference point for comparison with subsequent years or periods in financial and economic analyses.

Net Income

The amount of earnings left after all expenses, including taxes and interest, have been deducted from total revenue; it represents the profit a company makes.

Acid-Test Ratio

A financial metric that measures a company's ability to pay off its current liabilities with its quick assets.