Which of the Following Was a Result of the First

question 21

Multiple Choice

Which of the following was a result of the First Punic War?

• A)The Carthaginians were forced to withdraw from Spain.
• B)The Carthaginians were forced to withdraw from Sicily and pay an indemnity to Rome.
• C)Sicily gained its independence from both Rome and Carthage.

---

Definitions:

Mortgage

A loan secured by real property, typically used to purchase that property.

Book Value

The value of an asset according to its balance sheet account balance, taking into account the cost of the asset minus accumulated depreciation.

Fair Value

The estimated price at which an asset or liability could be bought or sold in a current transaction between willing parties, other than in a liquidation sale.

Accumulated Depreciation

The total amount of depreciation expense that has been recorded over time for fixed assets, signifying the reduction in their value.