From the given Balance Sheet of a company, you are required to calculate:-

1. Calculate Current Ratio
2. Give comments or suggestions about the company's liquidity position

LIABILITIES	$	ASSETS	$
Share Capital	200,000	Land and Building	140,000
Net Profit	30,000	Plant and Machinery	350,000
General Revenue	40,000
Debenture	420,000	Stock	200,000
		Debtors	100,000
Creditors	100,000	Bills Receivable	10,000
Bills Payable	50,000	Cash at Bank	40,000
	840,000		840,000