K A government's share (in percent) of outstanding student debt in the years 2011, 2012, 2013, 2014, 2015, and 2016 is 90.4, 91.2, 91.7, 92.2, 92.4, and 92.6 respectively. Let p be the government's share (in percent) of outstanding student debt. Complete parts (a) through (c) below. a. Use points on a number line to describe the given values of p. 90 OB. 90 ○ C. 90 OD. 90 91 92 Government share of student debt (%) 93 91 92 93 Government share of student debt (%) 91 92 Government share of student debt (%) 91 Government share of student debt (%) 92 b. Did the government's share of outstanding student debt increase, decrease, stay approximately constant, or none of these from 2011 to 2016, inclusive? OA. The government's share of outstanding student debt stayed approximately constant. OOOO B. The government's share of outstanding student debt increased. C. The government's share of outstanding student debt decreased. D. None of these 93 93

Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter9: Long-term Liabilities
Section: Chapter Questions
Problem 89E: Ratio Analysis Rising Stars Academy provided the following information on its 2019 balance sheet and...
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K
A government's share (in percent) of outstanding student debt in the years 2011, 2012, 2013, 2014, 2015, and 2016 is 90.4, 91.2, 91.7, 92.2, 92.4, and 92.6 respectively. Let p be the government's
share (in percent) of outstanding student debt. Complete parts (a) through (c) below.
a. Use points on a number line to describe the given values of p.
90
OB. 90
○ C. 90
OD. 90
91
92
Government share of student debt (%)
93
91
92
93
Government share of student debt (%)
91
92
Government share of student debt (%)
91
Government share of student debt (%)
92
b. Did the government's share of outstanding student debt increase, decrease, stay approximately constant, or none of these from 2011 to 2016, inclusive?
OA. The government's share of outstanding student debt stayed approximately constant.
OOOO
B. The government's share of outstanding student debt increased.
C. The government's share of outstanding student debt decreased.
D. None of these
93
93
Transcribed Image Text:K A government's share (in percent) of outstanding student debt in the years 2011, 2012, 2013, 2014, 2015, and 2016 is 90.4, 91.2, 91.7, 92.2, 92.4, and 92.6 respectively. Let p be the government's share (in percent) of outstanding student debt. Complete parts (a) through (c) below. a. Use points on a number line to describe the given values of p. 90 OB. 90 ○ C. 90 OD. 90 91 92 Government share of student debt (%) 93 91 92 93 Government share of student debt (%) 91 92 Government share of student debt (%) 91 Government share of student debt (%) 92 b. Did the government's share of outstanding student debt increase, decrease, stay approximately constant, or none of these from 2011 to 2016, inclusive? OA. The government's share of outstanding student debt stayed approximately constant. OOOO B. The government's share of outstanding student debt increased. C. The government's share of outstanding student debt decreased. D. None of these 93 93
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