How Did Parliament Restrain Royal Power When It Met In1640

question 79

Multiple Choice

How did Parliament restrain royal power when it met in1640?

• A) It gained the right to make law.
• B) It would meet every three years without being called by the king.
• C) It became the body that would elect monarchs.
• D) It gained jurisdiction over all law courts.

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Net Working Capital

Net Working Capital is a financial metric that measures a company's ability to meet its short-term obligations with its short-term assets.

Current Assets

Assets that are expected to be converted into cash or used up within one year or one business cycle, whichever is longer, such as cash, inventory, and receivables.

Cash Flow To Creditors

The amount of cash a company pays to its creditors and bondholders, indicating the flow of cash intended to cover debts.

Operating Cash Flow

Operating cash flow is a measure of the cash generated by a company's normal business operations, indicating its ability to cover operating expenses and invest in its business.