How Did the Colonists Manage to Smuggle So Many Items

question 42

Essay

How did the colonists manage to smuggle so many items into America without being caught by the British more often than they were? What made them willing to take those risks?

---

Definitions:

Return On Equity

A measure of a company's profitability, calculated by dividing net income by shareholder equity.

Du Pont Identity Method

The Du Pont Identity Method is a financial analysis framework that breaks down a company's return on equity into three parts: profitability, asset efficiency, and financial leverage.

Total Asset Turnover

A financial ratio that measures the efficiency of a company's use of its assets in generating sales revenue; calculated by dividing sales revenue by total assets.