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Multiple Choice Please see the following information from the statement of Financial Position of Expert Corporation: (see picture attached) The working capital ratio is Current
Multiple Choice Please see the following information from the statement of Financial Position of Expert Corporation: (see picture attached) The working capital ratio is Current Assets Cash Short-term investment Accounts Receivable Merchandise Inventory Prepaid Expenses Total Current Assets P 1,073,600 600,000 7,076,400 12,516,400 574,000 21,840,400 Current Liabilities Accounts payable Accrued Payables Income Tax Payable Current Portion of Long Term Debt Total Current Liabilities P4,847,000 1,951,600 408,000 600,000 7,806,600 O 1.07 O 2.79 O 1.70 O None of the above
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