Use the information below to answer this question.
\(\begin{array}{c|c} \text{Stock} & 11,250 \\ \hline \text{Debtors} & 18,750 \\ \hline \text{Creditors} & 3,750 \\ \hline \text{Bank} & 4,000 \\ \hline \text{Net profit} & 7,500 \\ \hline \text{Net} & 60,000 \\ \end{array}\)
Calculate the acid test ratio
5 : 1
6 : 1
6 : 1 : 1
4 : 1
Correct answer is C
No explanation has been provided for this answer.