Use the following to answer the given question


\(\begin{array}{c|c} & N \\ \hline sales & 45,000 \\ \text{Opening stock} & 20,000 \\ \text{Closing sock} & 30,000 \\ Expenses & 15,000 \\ \text{Fixed assets} & 40,000 \\ Debtors & 10,000 \\ Creditors & 5,000 \\ Purchases & 25,000 \end{array}\)


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.