Business, 03.01.2020 00:31 lexjenae8519
Risk management associates' annual statement studies reported the following figures for manufacturers of screw machine products for the ratio of current assets to current debt. the following figures are for a particular industry's current ratio: 1.6; 1.3; 1.2. which best describes these three numbersa. one third of each of the companies experienced each of the ratios. b. the average ratio was 1.3 (the best firm had 1.6 and the worst had 1.2). c. the median was 1.3 (1.6 is the figure for the upper quartile and 1.2 is the figure for the lower quartile). d. the median was 1.3 (1.6 is the figure for the lower quartile and 1.2 is the figure for the upper quartile). e. none of the answers are correct.
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