Oglethorpe Company Reports the Following Information from the Vertical Analysis

question 45

Multiple Choice

Oglethorpe Company reports the following information from the vertical analysis of their balance sheet: Current assets:
23.5 % in 2017
23.9% in 2016
Which of the following statements could be logically concluded from the above data?

• A)The company's ability to pay current liabilities declined.
• B)The company's current ratio declined.
• C)The company's total current assets declined by 0.4%.
• D)The company's current assets declined in proportion to its total assets.

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Definitions:

Adaptive Manufacturing

A flexible approach to production that can be quickly adjusted in response to changing market demands or technological advancements.

Lean Manufacturing

A systematic method for waste minimization within manufacturing systems without sacrificing productivity.

Six Sigma

A systematic, data-driven approach and methodology for eliminating defects in any process, aiming for six standard deviations between the mean and the nearest specification limit.

Real-Time

A mode of operation within systems where processes and data are updated immediately as events occur, ensuring current information is always available.