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Zeman Dance Hall Inc. sponsors monthly dances and has generated data for the most recent year. Using this data determine Zeman's net income: Revenues from
Zeman Dance Hall Inc. sponsors monthly dances and has generated data for the most recent year. Using this data determine Zeman's net income: Revenues from adminissions to dances $1,200,000 Utilities expense $150,000 Fees incurred to hire bands $300,000 Building owned by Zeman $300,000 Notes Payable due in 2 years $300,000 Advertising expense $145,000 Office Supplies $10,000 Instrument Rental expense $50,000 Office Equipment $200,000 Salaries Expense $250,000 Accounts Payable $25,000 Salaries Payable $50,000 Cash $275,000 what is the company's current ratio
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