From the following particulars extracted from the books of Ashok & Co. Ltd., compute Current ratio and StockTurnover Ratio:

	1 - 1 2002	31 - 12 - 2002
	Rs	Rs
bills receivable	30,000	60,000
bills payable	60,000	30,000
sundry debtors	1,20,000	1,05,000
sundry creditors	75,000	1,05,000
stock - in - trade	96,000	1,44,000

Additional information:

1) On 31122002, there were assets: Building Rs. 2,00,000, Cash Rs. 1,20,000 and Cash at Bank Rs. 96,000.

2) Cash purchases Rs. 1,38,000 and Purchases Returns were Rs. 18,000.

3) Cash sales Rs. 1,50,000 and Sales returns were Rs. 6,000.

4) Rate of gross profit 25% on sales and actual gross profit was Rs. 1,50,000.