What Does the Author Mean by Conversions from the Top

question 29

Multiple Choice

What does the author mean by conversions from the top down?

• A) When rulers were converted, they expected their subjects to take on the new faith
• B) Conversions became conditioned on that of the head of the household (father or grandfather)
• C) Conversions came at the request of patriarchs or local bishops
• D) Conversions always started with the preaching of bishops and only then priests

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Definitions:

EBIT

Earnings Before Interest and Taxes, a financial metric indicating a company's operating profitability by excluding interest and taxes from earnings.

Interest Expense

The cost incurred by an entity for borrowed funds; interest expenses are a non-operational cost affecting the company’s net income.

Times Interest Earned Ratio

A financial metric used to evaluate a company's ability to meet its debt obligations by comparing its income before interest and taxes to its interest expenses.

Operating Costs

Operating costs are the expenses associated with the day-to-day operations of a business, including costs for rent, utilities, payroll, and raw materials.