Barry Co. has a net monetary assets of P75,000 with an quick acid test ration of 1.25. Inventories are P165.000. What is the current Ratio? O 15 0 2 O 1.75 O 18

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Chapter1: Financial Statements And Business Decisions
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Barry Co. has a net monetary assets of P75,000 with an quick acid test ration of 1.25. Inventories are P165,000.
What is the current Ratio?
O 15
O 2
O 175
O 18
Transcribed Image Text:Barry Co. has a net monetary assets of P75,000 with an quick acid test ration of 1.25. Inventories are P165,000. What is the current Ratio? O 15 O 2 O 175 O 18
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