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5 1 point Albert & Company provided the following extracts from its Balance Sheet as on 31 December 2019: ( Amount in $ '000) Inventories

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5 1 point Albert & Company provided the following extracts from its Balance Sheet as on 31 December 2019: ( Amount in $ '000) Inventories 20,000 Trade Receivables 11,000 Prepaid insurance 2,000 Cash and Bank balances 5,000 Short term investments 9,000 Long term investments 15,000 Plant & Equipment 35,000 Equity 20.000 | Long term borrowings 30,000 Trade Payables 10,000 Wages payable 5,000 Quick ratio of the company as on 31.12.2019 is 1.25 O O 1.25 2.15 2.15 1.15 2.25

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