In What City Did Artisans Act as Servants of the Court

question 31

Multiple Choice

In what city did artisans act as servants of the court and were also organized into guilds, living in a separate part of the city?

• A) Ife
• B) Great Zimbabwe
• C) Aksum
• D) Benin

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Definitions:

Internal Rate

Often referred to as the internal rate of return (IRR), it is a rate of return used in capital budgeting to measure and compare the profitability of investments.

Cash Flows

The cumulative sum of funds moving into and away from a company, influencing its ability to cover short-term obligations.

Payback Period

Payback period is the duration it takes for an investment to recover its initial outlay, measured from the point of investment.

Cash Inflows

All types of cash received by a business, from operations, financing activities, and investments, contributing to its cash pool.