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93 points A revenue expenditure: should be capitalized so as to spread the cost over several periods. is unusual and occurs rarely with plant assets.

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93 points A revenue expenditure: should be capitalized so as to spread the cost over several periods. is unusual and occurs rarely with plant assets. is an expenditure related to the maintenance or repair of a plant asset and should be expensed immediately. 3 points A current liability is a debt that a company could pay through the creation of other current liabilities. all of the choices are correct. from existing current assets. within one year or the operating cycle whichever is longer. 3 points An investor would like to invest in a company that is retaining its earnings for investment in future growth. This investor should choose a stock with a: high current ratio. low dividend payout ratio. low current ratio high dividend payout ratio

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