The Following Data Represents Selected Information from the Comparative Income

question 90

Multiple Choice

The following data represents selected information from the comparative income statement and balance sheet for Duenke Company for the years ended December 31, 2009 and 2008: * 10,000 shares of common stock have been issued and outstanding since the company was established. They had a market value of $90 per share on December 31, 2008, and they were selling for $91.50 on December 31, 2009.
The current ratio for Duenke Company on December 31, 2009, was:

• A)0.57.
• B)1.26.
• C)1.45.
• D)0.67.

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Definitions:

Hertz

The unit of frequency in the International System of Units (SI), defined as one cycle per second.

Frequency

The rate at which a periodic event occurs, such as the number of occurrences of a repeating event per unit of time.

Amplitude

The magnitude or intensity of a wave's oscillation, such as in sound waves or electromagnetic waves, indicating the strength or power of the wave.

Sound Waves

Audible waves that transit through the air or various media, detectable when they come into contact with the auditory organs of humans or animals.