After Reviewing Past History, You Have Assembled the Following Table

question 14

Multiple Choice

After reviewing past history, you have assembled the following table showing the frequency of certain levels of sales over the past 40 months. If the smallest random number used to represent sales of 100 units is 0, what will be the largest number used to represent sales of 100 units?
$$\begin{array} { | c | r | c | } \hline \text { Sales (units) } & \text { Frequency } & \text { Carrespmeming Random Numbers } \\\hline 100 & 12 & 0 \leq x < ? \text { ? } \\\hline 150 & 6 & \\\hline 200 & 8 & \\\hline 250 & 4 & \\\hline 300 & 10 & \\\hline\end{array}$$

• A) 0.1000
• B) 0.3000
• C) 0.5000
• D) 0.7500
• E) 0.9000

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Definitions:

Debt-Paying Ability

A measure of a company's financial capacity to meet its long-term obligations, indicating its financial stability and risk level.

Quick Ratio

A financial metric indicating a company's ability to meet short-term obligations with its most liquid assets, providing insight into financial health.

Current Ratio

A financial metric assessing a firm's capability to settle its short-term obligations using its current assets.

State Unemployment

A government-provided insurance program that offers temporary financial assistance to workers who have lost their jobs.