Calculate the Current Ratio in Each of the Following Cases

question 105

Essay

Calculate the current ratio in each of the following cases.
$$\begin{array} { | l | r | r | } \hline & \text { Current Assets } & \text { Current Libilities } \\\hline \text { Case 1 } & \$ 60,000 & \$ 30,000 \\\hline \text { Case 2 } & \$ 150,000 & \$ 85,000 \\\hline \text { Case 3 } & \$ 57,000 & \$ 53,000 \\\hline \text { Case 4 } & \$ 130,000 & \$ 127,000 \\\hline \text { Case 5 } & \$ 70,000 & \$ 110,000 \\\hline\end{array}$$

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Definitions:

Logistic Regression

A statistical analysis method used to predict the outcome of a categorical dependent variable based on one or more independent variables, providing probabilities and odds ratios.

Odds

The comparison of the odds of an event occurring versus the odds of it not occurring.

Confidence Interval

A range of values, derived from sample statistics, that is likely to contain the value of an unknown population parameter, expressed at a certain confidence level.

Null Hypothesis

A hypothesis that suggests there is no significant difference or effect, serving as the default position to be tested against.