Based on the Below Figures, What Is the Current Ratio

question 15

Multiple Choice

Based on the below figures, what is the current ratio?
$\begin{array}{lr}&£ \\\text { Trade payables } & 35,000 \\\text { Trade receivables } & 28,000 \\\text { Cash and cash equivalents } & 15,000 \\\text { Taxation payable } & 12,000 \\\text { Prepayments } & 4,000 \\\text { Inventory } & 14,000 \\\text { Accruals } & 6,000\end{array}$

• A) 1.15:1
• B) 1.21:1
• C) 1.24:1
• D) 1.30:1

Distinguish between production and manufacturing concepts.

Recognize the phases of production control and their significance.

Understand the concept and goals of Six Sigma in eliminating defects.

Identify strategies for monitoring and ensuring quality in production.

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Definitions:

Crystallized Intelligence

The ability to use learned knowledge and experience.

Cultural Variations

Differences in the beliefs, behaviors, norms, and values among people from different backgrounds and societies.

Vygotsky's Theory

A theory of cognitive development that emphasizes the role of social interaction and the integral part that community and culture play in the development of higher mental functions.