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    Financial Accounting Study Set 1
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    Exam 10: Introduction to Liabilities: Economic Consequences, Current Liabilities, and Contingencies
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    The Following Information Was Taken from the Annual Report of Leno
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The Following Information Was Taken from the Annual Report of Leno

Question 42

Question 42

Essay

The following information was taken from the annual report of Leno Inc.
The following information was taken from the annual report of Leno Inc.    What is Leno's conservatism ratio?  a. 0.63 b. 0.91 c. 0.69 d. 0.86 What is Leno's conservatism ratio?
a. 0.63
b. 0.91
c. 0.69
d. 0.86

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