Use the Table for the Question(s)below

question 14

Multiple Choice

Use the table for the question(s) below.
Consider the following balance sheet:

-Luther Corporation's cash ratio for 2012 is closest to:

• A)1.19
• B)10.6
• C)0.44
• D)0.41

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Definitions:

Karl Marx

A 19th-century philosopher, economist, and revolutionary socialist who developed the theory of Marxism, analyzing the effects of capitalism on labor, productivity, and economic development.

Max Weber

A German sociologist, philosopher, and political economist known for his theories on the process of rationalization and his studies of bureaucracy.

Capitalism Critics

Individuals or schools of thought that question the sustainability, ethics, and social implications of capitalism, often advocating for alternatives or reforms.

Weber's Authority Types

Max Weber's classification of authority into three types: traditional, charismatic, and legal-rational, each with a different basis of legitimacy.