The Data of Franklin Brothers Corp

question 15

Multiple Choice

The data of Franklin Brothers Corp. for two years are given below. Based on the above information, which of the following statements is true?

• A) Cash ratio has increased from 0.02 in 2016 to 0.03 in 2017.
• B) Cash ratio has increased from 0.05 in 2016 to 0.08 in 2017.
• C) Cash ratio has increased from 0.403 in 2016 to 0.241 in 2017.
• D) Cash ratio has increased from 0.241 in 2016 to 0.403 in 2017.

---

Definitions:

Pyramid Of Social Responsibility

Refers to a theoretical model outlining the hierarchy of social responsibilities that a company should adhere to, from fundamental economic responsibilities to philanthropic responsibilities.

Legal Responsibilities

Obligations that individuals or organizations have to act in accordance with laws and regulations.

Codes Of Conduct

Written guidelines that outline ethical standards, expectations, and practices for behavior within an organization or profession.

Ethical Climate

The collective moral attitudes, standards, and values that shape the behavior, practices, and decision-making within an organization.