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25 (2 points) Below is an equipment t-account. What is the most likely cost of equipment disposed of during the period? Beginning Equipment 20,000 16,000
25 (2 points) Below is an equipment t-account. What is the most likely cost of equipment disposed of during the period? Beginning Equipment 20,000 16,000 12,000 24,000 $4,000 $24,000 $16,000 $12,000 Question 26 (1 point) Based on the ratios below, the company's solvency has deteriorated from year one to year three: Debt to total assets Times Interest earned True False Year Three 50.0% Year Two 45.5% Year One 40.3% 1.4 times 1.6 times 1.8 times
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