The following payment period ratios, averaged, for borrowings were reported for the year 2021 y five competing biotech firms in San Diego: KLM = 0.378 %23 HOP = 0.348 QRS - 0.421 UTV 0.355 EYZ = 0.353 Question: Which of these five biotech firms reported the most efficient ("best") ratio for loan epayment? Biotech firm XYZ O Biotech firm UTV D Biotech firm KLM Blotech firm QRS OBiotech Grm NOP

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
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The following payment period ratios, averaged, for borrowings were reported for the year 2021
by five competing biotech firms in San Diego:
KLM-0.378
NOP = 0.348
QRS 0.421
UTV -0.355
XYZ 0.353
Question: Which of these five blotech firms reported the most efficient ("best") ratio for loan
O Blotech firm XYZ
O Biotech firm UTV
OBotech firm KLM
1O Blotech firim QRS
Botech firm NOP
Transcribed Image Text:The following payment period ratios, averaged, for borrowings were reported for the year 2021 by five competing biotech firms in San Diego: KLM-0.378 NOP = 0.348 QRS 0.421 UTV -0.355 XYZ 0.353 Question: Which of these five blotech firms reported the most efficient ("best") ratio for loan O Blotech firm XYZ O Biotech firm UTV OBotech firm KLM 1O Blotech firim QRS Botech firm NOP
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