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Table 4-5
Selected Accounting Data for Dustman Consulting Follows -Referring to Table 4-5, the Current Ratio Is:
A)0

Question 36

Multiple Choice

Table 4-5
Selected accounting data for Dustman Consulting follows:  Current assets $74,000 Current liabilities 44,000 Property, plant and  equipment 95,000 Long-term liabilities 60,000 Total revenues 50,000 Total expenses 30,000\begin{array} { | l | r | } \hline \text { Current assets } & \$ 74,000 \\\hline \text { Current liabilities } & 44,000 \\\hline \text { Property, plant and } & \\\text { equipment } & 95,000 \\\hline \text { Long-term liabilities } & 60,000 \\\hline \text { Total revenues } & 50,000 \\\hline \text { Total expenses } & 30,000 \\\hline\end{array}
-Referring to Table 4-5, the current ratio is:


A) 0.59.
B) 1.68.
C) 0.71.
D) 1.41.

Correct Answer:

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