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A company has a current ratio of 2: 1. Its bank balance is GHC 80,000 debit and its current liabilities are GH 200,000. It then

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A company has a current ratio of 2: 1. Its bank balance is GHC 80,000 debit and its current liabilities are GH 200,000. It then issues 50,000 new ordinary shares of GHC 1 each at a premium of GHC 0.10 per share. What is the new current ratio? O A. 2.25: 1 O B.2.28:1 OC. 2.67:1 OD.2.76:1 A company has sales of GHC 1,000. The company sells three types of goods. Sixty percent of sales are of type A which is sold at a mark-up of 20%. Type B goods are sold at a margin of 30%. The cost of type B sold in the year was GH 154 and total gross profit for the year was GHC 184. What was the gross profit for type A? O A. GHC 66 B. GHC 100 C. GHC 120 D. GHC 150 Reset Selection

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