For Which of the Following Did the Longest Time Elapse

question 36

Multiple Choice

For which of the following did the longest time elapse between the time a constitutional amendment was proposed and the time it was ratified?

• A)Prohibition
• B)Direct election of senators
• C)Voting rights for eighteen-year-olds
• D)Permitting an income tax
• E)Prohibition on salary increases for members of Congress

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Definitions:

Total Assets Ratio

A financial metric used to evaluate a company's financial health by comparing its total assets to its total liabilities.

Operating Cash Flows

Cash generated or used through a company's main business operations.

Noncash Investing

Transactions that involve the acquisition or disposal of long-term assets without the immediate use of cash, often reflected in the investing activities section of the cash flow statement.

Financing Activities

Actions and decisions related to managing the company's funding structure, including securing loans, issuing stock, and making dividend payments to shareholders.