The First Africans Imported to Virginia in 1619

question 94

Multiple Choice

The first Africans imported to Virginia in 1619

• A)were most likely indentured servants.
• B)began a rapid stream of African slaves to the British colonies.
• C)were preferred to European indentured servants.
• D)followed Indians into slavery.
• E)arrived as independent landowners.

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Definitions:

Retained Earnings

The portion of a company's profits not distributed as dividends but reinvested in the business or kept as reserve.

Current Ratio

A liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year, calculated by dividing current assets by current liabilities.

Permanent Accounts

Balance sheet accounts that carry their ending balances over into the next accounting period, such as assets, liabilities, and equity accounts.

Accumulated Depreciation-Equipment

The total depreciation that has been recorded against a company's equipment since it was put into service.