Problem 7. Consider the following data about Rock N' Roses Corp: Current ratio, 0.50; Quick ratio, 3.00; Current liabilities at year end, P150,000; Inventory, beginning of the year P25,000; Inventory...

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Problem 7. Consider the following data about Rock N' Roses Corp: Current ratio, 0.50; Quick ratio,<br>3.00; Current liabilities at year end, P150,000; Inventory, beginning of the year P25,000; Inventory<br>turnover, 8.0x. Compute the following:<br>

Extracted text: Problem 7. Consider the following data about Rock N' Roses Corp: Current ratio, 0.50; Quick ratio, 3.00; Current liabilities at year end, P150,000; Inventory, beginning of the year P25,000; Inventory turnover, 8.0x. Compute the following:

Jun 09, 2022

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Problem 7. Consider the following data about Rock N' Roses Corp: Current ratio, 0.50; Quick ratio, 3.00; Current liabilities at year end, P150,000; Inventory, beginning of the year P25,000; Inventory...

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