Calculate Quick Ratio

THERMITREX (PTY) LTD STATEMENT OF FINANCIAL POSITION AS AT 31 DECEMBER 2021 \begin{tabular}{|l|r|} \hline ASSETS & R \\ \hline Property, plant and equipment (PPE) at cost price & 1350000 \\ \hline Accumulated depreciation & (300000) \\ \hline PPE at carrying value & 1050000 \\ \hline Investment in shares & 825000 \\ \hline Non-current assets & 1875000 \\ \hline Inventories & \\ \hline Trade and other receivables & 150000 \\ \hline Cash and cash equivalents & 250000 \\ \hline Current assets & 725000 \\ \hline & \\ \hline Total assets & \\ \hline & \\ \hline EQUITY AND LIABILTIES & \\ \hline Share capital & 12500000000 \\ \hline \end{tabular} EQUITY AND LIABIUTIES Share capital Retained earnings 1250000 Ordinary shareholders' equity Preference shares Shareholders' equity Total equity Trade and other payables Dividends payable Current liabilities Total equity and liabilities 3000000 THERMITREX (PTY) LTD STATEMENT OF COMPREHENSIVE INCOME FOR THE YEAR ENDED 31 DECEMBER 2021 \begin{tabular}{|l|r|} \hline & R \\ \hline Revenue & 2450000 \\ \hline Cost of sales and services rendered & (1450000) \\ \hline Gross profit & 1000000 \\ \hline Operating expenses & (250000) \\ \hline Operating profit & 750000 \\ \hline Investment income & 80000 \\ \hline Finance cost & (65000) \\ \hline Profit before tax & 765000 \\ \hline Income tax expense & (306000) \\ \hline Profit after tax & 459000 \\ \hline Preference share dividends & (15750) \\ \hline Attributable earnings & 443250 \\ \hline Ordinary dividends & (150000) \\ \hline \end{tabular} REQUIRED: Based on the information provided, you are required to calculate the following: Quick ratio