Question: PLEASE ANSWER ASAP The acid test ratio and current ratio for AB Company is 1.25 and 2.25, respectively based on the amount of current liabilities

PLEASE ANSWER ASAP

The acid test ratio and current ratio for AB Company is 1.25 and 2.25, respectively based on the amount of current liabilities of P200,000. What is the amount of inventory balance after the purchase of inventory of P50,000 on account? Group of answer choices P225,000 P150,000 P200,000 P250,000

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