Question

a financial benchmark example within the text presents examples of quartile results. for the line item long term debt as a percentage of total assets, the upper quartile result is low (26) and the low quartiles result is high (42). using your judgment and what you have learned to date, is the low quartile high result:

a. better than the upper quartiles

b. worse than the upper quartiles

c. not applicable

d. dont know

Answer

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