Given the financial statements of ABC.Ltd., to assess the liquidity condition of this company you would like to derive its current ratios. Which of the following is the current ratio of ABC Ltd.?

Balance Sheets of ABC Ltd.
As at end of Year		2019
		$'000
Current Assets
	Debtors	269
	Raw Materials	177
	Work in Progress	309
		755
Current Liabilities
	Hire Purchase	96
	Creditors	370
	Bank Overdraft	173
	Bank Loan	0
	Tax	50
		689
Net Current Assets		48
Medium Term Loan		0
Fixed Assets
	Freehold Land & Buildings	135
	Plant & Machinery	283
		418
Net Assets		130
Financed by:
	Ordinary Shares	3
	Capital Reserve	69
	Profit and Loss Account	212

Select one:

a.

0.901

b.

0.850

c.

1.096

d.

1.251

e.

None of the given