The Data of Franklin Brothers Corp Based on the Above Information, Which of the Following Statements

question 141

Multiple Choice

The data of Franklin Brothers Corp. for two years are given below: $$\begin{array} { | l | c | r | } \hline & 2014 & 2015 \\\hline \text { Cash and cash equivalents } & \$ 5,400 & \$ 12,500 \\\hline \text { Total current liabilities } & 24,000 & 30,000 \\\hline\end{array}$$ Based on the above information, which of the following statements is true?

• A) Cash ratio has increased from 0.02 in 2014 to 0.03 in 2015.
• B) Cash ratio has increased from 0.05 in 2014 to 0.08 in 2015.
• C) Cash ratio has increased from 0.417 in 2014 to 0.225 in 2015.
• D) Cash ratio has increased from 0.225 in 2014 to 0.417 in 2015.

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Definitions:

Random Time Series

A sequence of data points collected or arranged at random intervals over time, often analyzed to identify patterns or trends.

Repeated Measures

A statistical technique used in experiments where the same participants are observed under each condition or time point.

Independent Variable

An independent variable is the variable that is manipulated or changed in an experiment to see its effects on the dependent variable.

Order Effect

In a repeated measures design, the effect that the order of introducing treatments has on the dependent variable.