The Conquistadores

question 25

Multiple Choice

The conquistadores

• A) established empires in Central and South America that lasted until the eighteenth century.
• B) lost control because of a bloody battle between the forces of Cortés and Pizarro.
• C) eventually lost control and were replaced with formal rule by the Spanish crown.
• D) eventually died of the very same smallpox they had unwittingly introduced to the Americas.
• E) in turn were defeated by French forces.

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Definitions:

Debt Ratio

A financial metric that assesses a firm's level of indebtedness by dividing its total liabilities by its total assets.

Equity Multiplier

A financial leverage ratio that measures the portion of a company's assets that are financed by stockholders' equity.

Net Income

The company's net earnings following the subtraction of all costs and taxes from its income.

Current Ratio

A liquidity ratio that measures a company's ability to pay short-term obligations using its current assets, calculated as current assets divided by current liabilities.