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91 point Albert & Company provided the following extracts from its Balance Sheet as on 31 December 2019: Amount in $ '000) Inventories 20,000 Trade
91 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 O O OC Cash ratio of the company as on 31.12.2019 is : O 1.25 0 2.25 O 1.15 0.00
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