Weston Trading Ltd Has the Following Balance Sheet Figures A)167:1
B)1:1
C)2:1
D)3

question 18

Multiple Choice

Weston Trading Ltd has the following balance sheet figures.The quick asset ratio is:
$\begin{array}{llcc}& \text { \$ } \\ \text { Total current assets} &500000\\ \text { Total current liabilities } &150000\\ \text { Inventory} &200000\\ \text { Bank} &30000\\\end{array}$

• A)1.67:1
• B)1:1
• C)2:1
• D)3.33:1