Question

Cash amounts to P20,000, inventory is P30,000, accounts receivable is P10,000 and Notes receivable is P5, 000. It also has accounts payable of P5, 000 and notes payable of P3, 000. Compute the quick ratio.

Answer 1

Explanation:

It also has accounts payable of P5, 000 and notes payable of P3, 000. Compute the quick ratio. Add answer ...