1. Queensland Company has total current assets of P3,200,000, total assets of P8,400,000, total current liabilities of P1,600,000, and total liabilities of P3,100,000. What is working capital of Queensland company?

2. Using the same information given in Question No. 35, what is the current ratio of Queensland Company?

Queensland Company has total current assets of P3,200,000, total assets of P8,400,000, total current liabilities of P1,600,000, and total liabilities of P3,100,000. What is working capital of Queensland company? O P5,300,000 O P5,200,000 O P1,600,000 O P1,500,000 Using the same information given in Question No. 35, what is the current ratio of Queensland Company? O 1:2 O 2:1 O 1:2.71 O 2.71:1