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Use the following information to answer the given questio...

Use the following information to answer the given question


NNOrdinary Share Capital140,000Plant and Machinery100,00080% Preference share63,000Furniture62,000Retained earnings40,000Motor Van75,00010% Debentures60,000Stock22,000Creditors10,000Debtors26,000Accrued wages12,000Bank40,000¯325,000¯325,000


What is the current ratio?

A.

4 : 1

B.

3 : 1

C.

2 : 1

D.

1 : 1

Correct answer is A

No explanation has been provided for this answer.