The Information shown below reflects the Jel Company financial position: Fixed assets - 170 u. PI.500,000 Long-term debt P1.000.000 Equity PI.200.000 Sales P1.500.000 TA Earnings after taxes P 202:500 Ld bum-a Current asset turnover 1.25 Suppose that Jed's financial manager decides to adopt a more aggressive working-capital policy by liquidating some current 2:165 and using the proceeds to pay off some long-term debt Assume that the current assets are perfectly liquid. If the target current ratio is 13 then the amount of current assets that must be liquidated is P200,000 C. P600.000 b. P750.000 d. P450.000