abc company

ABC COMPANY In 2X20, ABC Company has the following data on its statement of financial position: Cash - P15,000,000 Marketable securities - P20,000,000 Property, plant, and equipment - P30,000,000 . Long-term debt - P36,000,0000 Inventory - P25,000,000 Short-term debt - P15,000,000 Accounts payable - P15,000,0000 During the year, the company reported a P12,000,000 of net income. The company's total asset in the previous year was P60,000,000. Requirement: Compute for (5 items x 5 points): 1. Current assets 2. Current liabilities 3. Current ratio 4. Debt to asset ratio 5. Return on assets