The following information was extracted from the Balance Sheet of PQR Products at 31 December 1983:

Total debt to total assets Current ratio Fixed assets Current liabilities 50 per cent 1.25

£160000

£64000 Shareholders' funds at 31 December 1983 were:

(a) £240000;

(b) £120000;

(c) £104000;

(d) £ 180000 .