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A firm's current assets increase from 1.4 million in 2014 to 1.7 million in 2015.If the firm's current liabilities are unchanged at $1.1 million,and inventory remains unchanged,what is the change in the firm's quick ratio?
Dependent Variable
In statistics and research, it refers to the variable being tested and measured, assumed to depend on one or more independent variables.
Independent Variable
A variable in an experiment or study that is manipulated or changed to observe its effects on the dependent variable.
Dependent Variable
A variable in an experiment or study whose changes are determined by the presence or variation of one or more independent variables.
Interest Rate
The proportion of a loan that is charged as interest to the borrower, typically expressed as an annual percentage of the loan outstanding.
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