One of the Methods by Which Post-Civil War Business Leaders

question 58

Multiple Choice

One of the methods by which post-Civil War business leaders increased their profits was

• A) increased competition.
• B) supporting a centrally planned economy.
• C) funding research on new technologies.
• D) elimination of the tactic of vertical integration.
• E) elimination of as much competition as possible.

---

Definitions:

Present Value

The current value of a future sum of money or stream of cash flows given a specified rate of return, accounting for time value of money.

Annual Cost Savings

The reduction in costs achieved during a specific year, often through efficiency improvements or expense cuts.

Combined Present Value

A method of evaluating the overall present value of multiple future cash flows by discounting them back to their present value at a specific discount rate.

Working Capital

The difference between a company's current assets and current liabilities, indicating the liquidity available to run its operations.