Marilag Beauty Shop has total assets of P250, 000, liabilities of P20, 000, capital of P130, 000, revenues of P150, 000 and expenses of P30, 000.If the non-current assets is three times the current assets, the current assets isSelect one:a.P187, 500b.P57,500c.Answer not givend.P62, 500

Marilag Beauty Shop has total assets of P250, 000, liabilities of P20, 000, capital of P130, 000, revenues of P150, 000 and expenses of P30, 000.Marilag, Drawing isSelect one:a.P120,000b.P50,000c.P20,000d.P10,000

AssetsNon-current assetsProperty, Plant, and Equipment 6,430Intangible asset - software 2,250Investment in Batak at cost 5,820Investment - Others 400Total non-current assets 14,900Current assetsInventories 2,087.50Trade Receivables 1,300Cash at Bank 108,585Total current assets 111,972.50Total assets 126,872.50Equity & LiabilitiesEquityOrdinary shares of RM 1 each 5,860Share Premium 3,450Retained Profits 6,670Non-controlling Interest 472Total equity 16,452Non-current liabilities10% loan from Amboi 240Deferred tax 580Total non-current liabilities 820Current liabilitiesTrade payables 13,335Tax payable 425Bank Overdraft 65Dividend payable 1,190Total current liabilities 15,015Total equity & liabilities 126,872.50

At the end of 2016, the total assets of XYZ Store amounted to P650, 000, 40% of which is current. Total liabilities are P120, 000. During the year, the company registered total revenue of P850, 000, cost of goods sold is 40% and selling and general expenses are 20%.Non -current assets of XYZ amounted toSelect one:a.P530,000b.P260,000c.P650,000d.P390,000

A company has the following assets:Buildings and Equipment, less accumulated depreciation of P2,000,000           9,600,000Copyrights              960,000Patents           4,000,000Timberlands, less accumulated depletion of P2,800,000           4,800,000The total amount reported under Property, Plant, and Equipment would be.

A company has a quick ratio of 1.5, current liabilities of Rs. 300,000, and inventory of Rs. 200,000. What are the company’s current assets?Rs. 450000Rs. 400000Rs. 500000Rs. 350000