Exhibit 2-14

question 15

Multiple Choice

Exhibit 2-14.In the accompanying stem-and-leaf diagram,the values in the stem and leaf portions represent 10s and 1s digits,respectively. Refer to Exhibit 2-14.What would be the frequency of the class 35 up to 45,that is {x;35 ≤ x < 45}?

• A)0
• B)1
• C)2

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Definitions:

Liquidity Position

A measure of the ability of an entity to meet its short-term financial obligations using assets that can be quickly converted to cash.

Fixed Assets Turnover Ratio

Measures how effectively the firm uses its plant and equipment. It is the ratio of sales to net fixed assets.

Appraise

To appraise is to evaluate or estimate the nature, quality, ability, extent, or significance of something or someone, often used in the context of property or art valuation.

Proportion

A part of a whole expressed as a fraction or percentage, often used to compare quantities in terms of size or magnitude.