What Was the Stated Purpose of the Annapolis Convention

question 51

Multiple Choice

What was the stated purpose of the Annapolis Convention?

• A) to discuss Chesapeake trade
• B) to discuss state boundary disputes
• C) to discuss a new federal constitution
• D) to discuss territorial organization in the Old Northwest

---

Definitions:

Cost of Goods Purchased

The total expense incurred by a company to buy the goods it has sold or will sell, excluding any indirect costs.

Finished Goods Inventory

The value of a company's inventory of products that are complete and ready for sale.

Cost of Goods Manufactured

The total cost of goods completed during a specific period, including labor, materials, and overhead.

Cost of Goods Available for Sale

The total cost of beginning inventory plus the cost of goods purchased or manufactured during an accounting period, before any sales are subtracted.