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Bog's Vogue, Inc. had cost of goods sold of P3,000,000 and an inventory turnover of 10. Its current ratio is 3.0, while its quick ratio
Bog's Vogue, Inc. had cost of goods sold of P3,000,000 and an inventory turnover of 10. Its current ratio is 3.0, while its quick ratio is 2.5. Calculate Bogs Vogue current assets.
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To calculate Bogs Vogues current assets we can use the information provided particularly the current ratio The current ratio is calculated as follows ...
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Introductory Financial Accounting for Business
Authors: Thomas Edmonds, Christopher Edmonds
1st edition
1260299449, 978-1260299441
