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.

---

Definitions:

Duggy Tee

A Senegalese rapper widely considered as one of the pioneers of hip hop music in Senegal who has been active since the early 1990s.

Senegal

A country located on the West coast of Africa, known for its rich cultural heritage, historical significance in the transatlantic slave trade, and vibrant music and art scenes.

African-American Population

The demographic group in the United States consisting of individuals with partial or total ancestry from any of the black racial groups of Africa.

Georgia

A state located in the southeastern region of the United States, known for its history, culture, and diverse geography.