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Kindly answer this please. Thank you Problem C: Liquidity Ratios ABC has P400,000 cash, P200,000...

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Finance

Kindly answer this please. Thank you

Problem C: Liquidity Ratios ABC has P400,000 cash, P200,000 shortterm investments, P500,000 receivables, and P900,000 inventories. It has trade payables of P600,000 and shortterm loans of P900,000. It is planning to acquire another shortterm loan. However, the first loan requires ABC to maintain a minimum current ratio of 125%. Required: 9. Current ratio before additional loan* 10. Current ratio if ABC borrowed P300,000* 11. Current ratio if ABC borrows P600,000* 12. Maximum loan amount that ABC can borrow

*Answer in percent rounded off to two decimal places, e.g. 125.33 for 125.33%.

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