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Presentation of AssetsAxelum ResourcesCorporationCentury PacificFood IncorporatedUniversal RobinaCorporationCurrent AssetsP 4,815,000P 23,973,474,666P 65,562,838,524Non-Current Assets5,411,00012,302,890,962110,632,091,743Total AssetsP 10,226,000P 36,276,365,626P 176,194,930,267Based on the given information by the three companies, Axelum Resources Corporation has thelowest amounts of current and non-current assets, followed by Century Pacific FoodIncorporated and Universal Robina Corporation. As seen in the table, the two companies havehigher amounts in non-current rather than current which is good because it means that theyutilized their non-current assets well. But as to Century Pacific Food Incorporated, this can bean indicator to poor liquidity since a large amount of cash may be needed to support ongoinginvestments in non-cash assets. Nevertheless, all the three companies provided classified
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Term
Winter
Professor
;jm/;ljm. ;/l
Tags
Balance Sheet, Generally Accepted Accounting Principles, Universal Robina Corporation

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