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What capital is for xyz store

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Problem 1: At the end of 2016, the total assets of XYZ Store amounted to P650, 000, 40% of which is current. Total liabilities are P120, 000. During the year, the company registered total revenue of P850, 000, cost of goods sold is 40% and selling and general expenses are 20%.XYZ, Capital is

Select one:

Option a. P770,000

Option b. P850,000

Option c. P530,000

Option d. P320,000

Reference no: EM132613049

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