The Civil Rights Act of 1964 Is an Example of

question 26

Multiple Choice

The Civil Rights Act of 1964 is an example of

• A)states' rights.
• B)judicial review.
• C)federal preemption.
• D)divided government.
• E)a block grant.

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Definitions:

Inventories

The total amount of goods and materials held by a company for the purpose of resale or production.

Days In Inventory

A financial ratio indicating the average number of days the company takes to turn its inventory into sales.

Gross Profit

The difference between revenue generated from goods or services sold and the cost of those goods or services sold, not accounting for other operating expenses.

Beginning Inventory

The value of inventory held by a company at the start of an accounting period, used to calculate cost of goods sold during the period.