Which of the Following Was Not a Reason That Early

question 46

Multiple Choice

Which of the following was not a reason that early cities arose?

• A) To protect against diseases
• B) To serve as meeting places for trade and religious activities
• C) To house artisans, craftsmen, and leaders who did not farm themselves

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Definitions:

Cash Flows

Cash flows are the net amount of cash and cash-equivalents being transferred into and out of a business.

Required Return

The minimum expected return on an investment, necessary to compensate for the risk taken by the investor.

IRR

The Internal Rate of Return (IRR) is a financial metric used to estimate the profitability of potential investments. It is the discount rate that makes the net present value of all cash flows from a particular project equal to zero.

Cash Flows

The complete aggregate of monetary circulation into and out of a company, crucially influencing its quick assets.