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Credit Sales 75% of total sales Inventory turnover 5 times Working capital P 1,120,000 Current ratio 2:1 Quick Ratio 1.25:1 Average Collection Period 42 days
Credit Sales 75% of total sales
Inventory turnover 5 times
Working capital P 1,120,000
Current ratio 2:1
Quick Ratio 1.25:1
Average Collection Period 42 days
Working days 360
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