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Sixto company has information pertaining to its total assets. However, only Cash and Equipments has a determined amount of P80,000.00 and 750,000 respectively, other assets were account receivables and inventories. Moreso, the company has net sales amounting to P800,000. If Net profit margin (NPM) was 8%, Gross profit rate (GPR) based on cost was 25%, Current ratio was 4:1,Turnovers based on year end balances were 5 times and 4 times for Accounts Receivable and Inventory respectively.
Problem 1. How much is the Total Asset of Sixto Company? Problem 2. How much is the Operating Expense of sixto Company? Problem 3. What is the value of its Current Liability?
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