Based on the Below Figures, What Is the Current Ratio

question 6

Multiple Choice

Based on the below figures, what is the current ratio?
$\begin{array}{r}&£ \\\text {Trade payables } &20,000 \\\text { Trade and other receivables } &25,000 \\\text { Cash } &9,000 \\\text {Taxation payable } &10,000 \\\text { Current portion of long-term borrowings } &6,000 \\\text { Inventory } &18,000 \\\text { Non-current assets } &60,000\end{array}$

• A) 1.15:1
• B) 1.44:1
• C) 1.73:1
• D) 3.11:1

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