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D Question 25 Jenny PLC has the following data for the year ended 31st December 2021 Accounts receivables $20000 Cash at bank $10000 Inventory $20000

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D Question 25 Jenny PLC has the following data for the year ended 31st December 2021 Accounts receivables $20000 Cash at bank $10000 Inventory $20000 Accounts Payable $20000 Bank overdraft $5000 Long-term loan payable $80000 What is the current ratio and quick ration in the above case? O Current ratio is 2:1 and quick ratio is 2:1 O Current ratio is 2:1 and quick ratio is 1.2:1 O Current ration is 1.2:1 and quick ratio is 1.2:1 Current ratio is 1:2 and quick ratio is 1:2 2 pts

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