39 Question 47 (1 point) Question 77) The relationship between current assets and current liabilities is 1 4 a useful in determining profitability b. useful in evaluating a company's liquidity. c. useful in evaluating a company's solvency d. useful in determining the amount of a company's non-current debt. e not useful is evaluating a company's liquidity. 7 48 35 36 37 38 39 Question 37 (1 point) Question 54) ABC Limited purchased a delivery van on January 1, 2018. The cost of the van is determined to be $22,000 with an estimated residual value of $2,000. The van is expected to be used for 5 years or 100,000 kilometers. ABC has a December 31 year-end. Using the double-diminishing balance method, the depreciation for 2018 is: 40 41 42 43 45 46 47 48 a. $4,400 b. $7,200 c. $9,600 d. $8,000 e. $8,800 > 49 50