The Staff of Mr

question 48

Multiple Choice

The staff of Mr.Wayne Wertz, VP of Operations at Portland Peoples Bank, prepared a cumulative frequency ogive of waiting time for walk-in customers. The percentage of walk-in customers waiting between 1 and 6 minutes was ___.

• A)22%
• B)11%
• C)37%
• D)10%
• E)67%

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Definitions:

Acid-Test Ratio

A financial metric that measures a company's ability to pay its short-term obligations using its most liquid assets, excluding inventory.

Year 2

Often refers to the second fiscal or calendar year in the context of financial reporting, planning, or analysis.

Average Collection Period

The average number of days it takes for a business to receive payments owed by its customers for goods or services provided on credit.

Year 2

Refers to the second year of a specified time frame, often used in financial and academic contexts.