In Wright's Marxian Class Scheme, Capitalists

question 98

Multiple Choice

In Wright's Marxian class scheme, capitalists:

• A) own means of production
• B) employ ten or more workers
• C) earn their incomes through the exploitation of workers
• D) all of these

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Definitions:

Income Before Tax

A company's earnings before any taxes are applied, reflecting the profitability of the business from its operations.

Interest Expense

The cost incurred by an entity for borrowed funds, typically stated as an annual rate.

Inventory Turnover

A financial ratio that measures the number of times inventory is sold or used over a given period, indicating the efficiency of inventory management.

Days' Sales

Days' sales, often used in the context of days' sales outstanding (DSO), measures the average number of days that a company takes to collect revenue after a sale has been made.