Brankov Company Has Current Assets of $105,000 and Current Liabilities

question 102

Multiple Choice

Brankov Company has current assets of $105,000 and current liabilities of $40,000.The company decides to issue stock and receives cash of $70,000.After this transaction,the company's current ratio will be:

• A)0.68.
• B)1.88.
• C)3.62.
• D)4.38.

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Definitions:

Value Of T

The value of t, often found in t-tests, quantifies the difference between an observed sample mean and its hypothesized population mean value, measured in terms of standard errors.

Degrees For Freedom

The number of independent values in a statistical calculation that can vary without violating any given constraints.

T-Distribution

A probability distribution that is symmetric and bell-shaped, used particularly for small sample sizes or unknown population standard deviations; synonymous with Student T Distribution but demands a new definition.

Sample Mean

The average of all numerical values in a sample subset of a population, used in statistics to estimate the population mean.