BULLETIN No. 20 
Bureav of Buaihess Rese 
University of iflinois 
2d 
ir 
~ 
3 
Pr 
Aver--¢ 
(Moda) 
035 
— Average 
(Mode) 
o3l 
v © 
(Mode) 
026 
iS 
Q 15! 
-~ 
3 
10! 
> 
] . Ll ll 
5 FT 8% @ 8% 88 8T Tie IEIEH fT Eselya 
Gas & Flectric Traction Holding 
Patios Expressed as Fercentages 
CHART 2D—FREQUENCY DISTRIBUTIONS OF THE CURRENT-LIABILITIES-TO-TOTAL- 
Equities Ratios oF PusrLic Utiuity COMPANIES BY TYPE oF COMPANY 
cent of the cases, while the other two distributions have only two bars 
each with more than 15 per cent of the cases. 
The approximated modes and percentages of concentration of the 
cases about these typical ratios are as follows: 
Gas and 
Electric Traction Holding 
.035 L031 .026 
59% 58% 72% 
The ratios of each group are highly typical of their respective dis- 
tributions as shown by the large number of cases grouped about these 
ratios. 
DISTRIBUTIONS BY TYPE YEARS 
The effect of varying business conditions from year to year upon 
the ratios of Current Liabilities are given in Table ITe. The years 
1917, 1919, 1921, and 1924, which were chosen for detailed study, are 
years of varying degrees of business activity. The types of distribu- 
tions for these years are quite similar, the most significant difference 
being the shifting of the highest bar from the class interval of .02-.039 
to .04-.059 in the year of 1919,