What Was the First State to Ratify the Constitution

question 16

Multiple Choice

What was the first state to ratify the Constitution?

• A) Delaware
• B) New York
• C) Virginia
• D) Massachusetts

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Definitions:

Inventory Turnover Ratio

An asset management ratio that indicates how quickly inventory moves off the shelf and therefore how well a company sells its product.

Inventory Turns

Measures how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management.

Dollar Amount

The numerical monetary value or total assigned to a transaction, account, or asset.

Inventory Turnover Ratio

A measure of how efficiently a company turns its inventory into sales by comparing cost of goods sold to average inventory for a period.