Use the Table for the Question(s)below

question 60

Multiple Choice

Use the table for the question(s) below.
Consider the following balance sheet:
-Luther Corporation's cash ratio for 2019 is closest to:

• A)1.19.
• B)10.6.
• C)0.44.
• D)0.41.

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Definitions:

Slaves and Slavery

The forced bondage and labor of people, where individuals are owned by others, a practice historically found in various cultures and societies around the world.

1770s and 1780s

The decades marking the American Revolutionary War and the formative years of the United States, leading to the adoption of the Constitution.

Loyalists

Individuals who remain loyal to the established government or ruling authority, especially during times of revolt or revolution.

Liberty

The state of not being subject to harsh limits set by authorities on one's lifestyle, actions, or political opinions.