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CASE7 1) Munoz Market presently has current assets totaling P300,000, current liabilities of P200,000, a current ratio of 1.5 to 1 and a quick ratio

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CASE7 1) Munoz Market presently has current assets totaling P300,000, current liabilities of P200,000, a current ratio of 1.5 to 1 and a quick ratio of 1.25 to 1. What will be the new quick ratio if sales used up P15,000 worth of inventory. 2) Munoz Market presently has current assets totaling P300,000, current liabilities'of P200000, a current ratio of 1.5 to 1 and a quick ratio of 1.25 to 1. What will be the Value of the Quick assets

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