The table below shows quarterly data for a consulting firm's 'Client Engagement' department. | Quarter | New Clients Acquired | Projects Completed | Budget Spent ($) | |---------|----------------------|--------------------|------------------| | Q1 | 15 | 12 | 120,000 | | Q2 | 20 | 18 | 150,000 | | Q3 | 18 | 16 | 135,000 | | Q4 | 22 | 20 | 160,000 | What was the approximate ratio of 'New Clients Acquired' to 'Projects Completed' for the entire year?

The correct answer to the question "The table below shows quarterly data for a consulting firm's 'Client Engagement' department. | Quarter | New Clients Acquired | Projects Completed | Budget Spent ($) | |---------|----------------------|--------------------|------------------| | Q1 | 15 | 12 | 120,000 | | Q2 | 20 | 18 | 150,000 | | Q3 | 18 | 16 | 135,000 | | Q4 | 22 | 20 | 160,000 | What was the approximate ratio of 'New Clients Acquired' to 'Projects Completed' for the entire year?" is Option B: 1.10 : 1.

The other options — A) 1.05 : 1, C) 1.15 : 1, D) 1.20 : 1 — are incorrect for this GMAT Exam Prep question. As explained above: Total New Clients Acquired = 15+20+18+22 = 75. Total Projects Completed = 12+18+16+20 = 66. Ratio = 75/66 = 1.136... which is approximately 1.10:1.