P9.6 You are presented with the following data:

Week Managed Fund Cash Position Managed Fund Total Assets Most recent $281 478 000 $2 345 650 000 2 258 500 000 2 350 000 000 3 234 800 000 2 348 000 000 4 211 950 000 2 355 000 000 5 188 480 000 2 356 000 000 Calculate the managed fund cash ratio for each week. Based on the result, are you bullish or bearish?