Below data extracted from the balance sheets of ABC company Particulars 2019 2020 Cash & Bank 20,000 40,000 Trade Receivables 40,000 60,000 Short term investment 4,000 6,000 Accrued Income 8,000 12,000 Inventory 120,000 160,000 Profit and Loss Account balance 50,000 75,000 Provision for Taxation 75,000 55,000 Notes Payable 37,000 48.000 Outstandig Interest 10,000 20000 8% Debentures 200,000 250,000 Answer below questions 1. Current assets total for the year 2019 is 2. Current liabilities value for the year 2019 is 3.2020 current ratio exceeded 2019 by 4.2019 quick ratio is less than 2020 by 5.Current and quick ratios are measured to understand firms