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For the financial year ended 31 December 2023, the current ratio of Waqa Ltd was 2.4:1. Determine the maximum percentage of Waqa's current assets
For the financial year ended 31 December 2023, the current ratio of Waqa Ltd was 2.4:1. Determine the maximum percentage of Waqa's current assets that should have been carried as inventory to meet an acid-test ratio threshold of 1:1. A. 63.33% B. 43.33% C. 53.33% D. 58.33%
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