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What is the ending balance of total current liabilities

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Question - Black duck company has information pertaining to its total assets. However, only cash and equipment has a determined amount of Php 80,000.00 and Php 750,000.00 respectively, other assets were accounts receivable and inventories. More so, the company has a net sales amounting to Php 800,000.00. If operating margin was 8%, gross profit rate 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 respectively

Required -

What is the ending balance of inventories?

How much is the total liability and equity?

How much is the operating expense?

What is the ending balance of total current liabilities?

Reference no: EM132669877

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