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please ignore the placed answer Presented below is information available for Green Company. Current Assets Inventories P385,000 Prepaid expenses 105,000 Accounts receivable 213,500 Short-term investments
please ignore the placed answer
Presented below is information available for Green Company. Current Assets Inventories P385,000 Prepaid expenses 105,000 Accounts receivable 213,500 Short-term investments 262,500 Cash 14,000 Total current assets P980,000 Total current liabilities are P420,000. The acid-test/quick ratio for Green is 1.17 to 1. O 2.08 to 1. O 2.33 to 1. 0.54 to 1Step by Step Solution
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