The Fourth Crusade Proved to Be

question 12

Multiple Choice

The Fourth Crusade proved to be

• A) an unmitigated disaster for Constantinople and the Byzantine Empire.
• B) the most humiliating of the crusader campaigns because of the loss of the crusader states.
• C) the very last of the European crusades to the Holy Land.
• D) one of the most prestigious crusades because it was led by the most powerful monarchs in Europe.

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Definitions:

Return On Investment

A financial metric used to evaluate the profitability of an investment, calculated as the return divided by the cost of the investment.

Residual Income

The income that remains after all costs and expenses, including the cost of capital, have been subtracted from net income.

Average Invested Capital

The average amount of money invested in a company over a certain period, used to evaluate the company's financial performance.

Investment Turnover

An indicator of how effectively an organization is using its invested capital to produce income.