BuLLerin No. 20 
Bureau of Business esearch 
University of Minors 
2a 
Ras 
J 
. 
~~ 
4) ! 
J 
G” 
S 
Nef 
$ 
BS 16" 
Average 
{Mede) 
O31 
") 
PD 
»» 
8 5 388 6 hk os $8 TEs NS 
Aaros L-oressed as Fercentages 
CuARrT 2A—FREQUENCY DISTRIBUTION OF THE CURRENT-LIABILITIES-TO-TOTAL- 
Eourries Ratios or PusLic Urry Companies, 1915-1024 
DISTRIBUTIONS BY SIZE OF COMPANIES 
Variations in the ratios of companies which are due to the size 
of the concern are always of interest because they show the relative 
efficiency of the large and small units. The distributions for the ratio 
of Current Liabilities to Total Equities according to size of the com- 
pany are given graphically in Chart 2c, 
The distribution for companies having over 50 millions of equities 
shows a very great degree of concentration and very narrow spread as 
compared to the two groupings for smaller companies. The differences 
between the sizes can be shown as follows: 
Companies with ~~ Companies with Companies with 
Total Equities Total Equities Total Equities 
of 5-9 of 10-49 of 50 millions 
mallions millions and over 
Modal ratio. ................ .028 032 .036 
Concentration about the mode. 609%, 579, 7207,