For the current year, total current assets of Alluka Corporation totalled Php 120,000, total non-current assets totalled Php 280,000 while total current liabilities totalled Php 90,000. If the acid-test ratio is 1.20, the composition of inventory to be used for the vertical analysis should be:

A. 3.00%

B. 10.00%

C. 6.67%

D. None of the choices

Please provide a comprehensive explanation for your answer.