What is OTW current ratio

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Question - OTW Corporation has current assets totaling P15 million and a current ratio of 2.5 to 1. What is OTW's current ratio immediately after it has paid P2million of its accounts payable?

a. 3.75 to 1

b. 2.75 to 1

c. 3.25 to 1

d. 4.75 to 1

Reference no: EM132939857

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