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

Question

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

Quizplus · Accepted Answer

The Answer is B

Based on the Above Figures, What Is the Current Ratio