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How much is the current ratio

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Problem 1: ABC Merchandise has inventories worth Php15,000, cash worth Php20,000, Prepaid expenses worth Php5,000 and equipment worth Php10,000. She has a current liability of Php30,000. How much is the current ratio?

Select one:

a. 73.00

b. 0.66

c. 5.00

d. 1.33

Reference no: EM132621463

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