Turnbull Taffy Limited’s figures to 31 March 20X4 show the following working capital items:

he company’s finance director is preparing a projected balance sheet for 31 March 20X5 as part of a package of information to be presented to a bank from which the company hopes to obtain a long-term loan. The finance director estimates that there will be the following changes to working capital between 31 March 20X4 and 31 March 20X53:
Stock will decrease by 10%
Debtors will decrease by 15%
Cash at bank will increase by 50%
Trade creditors will decrease by 5%.
Calculate (to two decimal places):
i) The current ratio and the quick ratio at 31 March 20X4.
ii) | The expected current ratio and quick ratio at 31 March 20X5 based on the finance director's estimates.

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4 Stock Debtors Cash at bank Trade creditors 67 400 42 660 6.050 58 760