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Name: Brilliant Corp. has total currentliabilities of P22,000 and aninvento
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Description: Brilliant Corp. has total currentliabilities of P22,000 and aninventory of P7,000. If itscurrent ratio is 1.2, then what isBrilliant's quick ratio? *O .36O .75.64O .88

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Brilliant Corp. has total current liabilities of P22,000 and an inventory of P7,000. If its current ratio is 1.2, then what is Brilliant's quick ratio? * O .36 O .75 .64 ● .88

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter12: Fainancial Statement Analysis

Section: Chapter Questions

Problem 15MCQ: Hummel Inc. has $30,000 in current assets and $15,000 in current liabilities. What is Hummels...

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Brilliant Corp. has total current liabilities of P22,000 and an inventory of P7,000. If its current ratio is 1.2, then what is Brilliant’s quick ratio?
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