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Use the following to answer the given question

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Use the following to answer the given question


Nsales45,000Opening stock20,000Closing sock30,000Expenses15,000Fixed assets40,000Debtors10,000Creditors5,000Purchases25,000


Current ratio is

A.

16 : 1

B.

15 : 1

C.

8 : 1

D.

2 : 1

E.

0.5 : 1

Correct answer is C

No explanation has been provided for this answer.