Zheng He Had Acquired Power by

question 95

Multiple Choice

Zheng He had acquired power by

• A)Marrying the Yongle emperor's sister.
• B)Working his way through the army.
• C)Success as a merchant on the Silk Road.
• D)Discovering new land for the Ming to conquer.
• E)Successfully leading an expedition to Japan.

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Definitions:

Income Statement

An accounting statement that provides a summary of a company's revenues, expenses, and net income over a specific period.

Expenses

The monetary costs incurred in the process of generating revenues, including fixed, variable, and semi-variable expenses.

Contribution Margin Ratio

A financial metric expressing the percentage of each sales dollar remaining after variable costs are subtracted.

Fixed Expenses

Costs that do not change with the level of production or sales over a certain period, such as rent, salaries, and insurance.