All of the Following Is True of Robert Owen, a Factory

question 46

Multiple Choice

All of the following is true of Robert Owen, a factory owner in the north of England, EXCEPT:

• A) He formed an ideal, Utopian community in the United States and lived out his life peacefully in New Hampshire.
• B) He led a movement to establish a trade union.
• C) He called for a national strike of all trade unions.
• D) He demonstrated that better living conditions for workers resulted in higher profits.

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Definitions:

Operating Capability

Refers to the ability of a company to maintain efficient operations and sufficient capacity to support its business activities.

Current Ratio

A liquidity ratio that measures a company's ability to pay short-term obligations by comparing its current assets to its current liabilities.

Liquidity Ratio

Measures a company's ability to meet its short-term obligations using its most liquid assets.