If Total Assets Are $6,000,what Is the Vertical Analysis for Cash

question 12

Multiple Choice

If total assets are $6,000,what is the vertical analysis for Cash when it has a balance of $2,400?

• A)40%
• B)60%
• C)250%
• D)25%

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Definitions:

Proletariat

In Marx’s usage, is the working class. Members of the proletariat perform physical labor but do not own means of production. They are thus in a position to earn wages.

Lumpenproletariat

A term used primarily in Marxist theory to describe the lower strata of the working class, including those who are unemployed or unemployable due to the lack of necessary skills.

Capitalist Development

The evolution or advancement of an economic system in which trade, industry, and the means of production are largely privately owned and operated for profit.

Heterogeneous Middle-Class

A diverse socio-economic group composed of individuals from various backgrounds with differing levels of income, education, and occupation.