In the Years Before World War I, Tensions Between Austria

question 70

Multiple Choice

In the years before World War I, tensions between Austria and Serbia were inflamed by

• A) Serbia defeat at the hands of Germany during the Balkan Wars.
• B) Austrian refusal to sell arms to Serbia.
• C) a Russian attempt to open the Straits of Dardanelles by force.
• D) Austria's annexation of Bosnia-Herzegovina.
• E) Austrian friendship with Russia.

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Definitions:

Return On Assets

A financial ratio indicating how efficiently a company uses its assets to generate profit.

Net Income

The total profit of a company after all expenses, taxes, and costs have been subtracted from total revenue, indicating the company's profitability.

Total Assets

The summation of all resources owned by an entity, valued based on historical cost or market value, represented in the balance sheet.

Return On Assets Ratio

The Return on Assets Ratio is a financial metric used to assess how efficiently a company uses its assets to generate profit, calculated by dividing net income by total assets.