The Main Plank of the Republican Party's 1860 Platform Called

question 21

Multiple Choice

The main plank of the Republican Party's 1860 platform called for

• A)a higher tariff.
• B)federal aid for railroad construction.
• C)a homestead act.
• D)abolishing the slave trade in Washington, D.C.
• E)exclusion of slavery from the territories.

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Definitions:

Ordering Costs

Expenses incurred in placing and receiving orders from suppliers, typically including costs related to processing, shipping, and receiving.

Inventory Held

The goods and materials that a business has in stock and available to sell at a given time.

Credit Policy

The guidelines a company follows to determine the amount and terms of credit to extend to customers.

ACP

Average Collection Period, a metric that measures the average number of days it takes for a company to collect its accounts receivable.