Particulars Cash $ 10,000 Debtors 71,000 Short term Investments 20,000 Long term Investments 40,000 Closing Stock: Raw Material 1,00,000 Finished Products Prepaid Expenses 40,000.00 1,40,000 9,000 Plant and Machinery Loose Tools 2,00,000 50,000 Creditors 1,00,000 Provision for Taxation 25,000 Outstanding Expenses 5,000 Profit and 'Loss Balance 80,000 In the year 2013-14, Current Ratio and Acid Test Ratio of Joseph Ltd. Were 3:1 and 2:1 respectively. Calculate the Current Ratio and Acid Test Ratio for the year 2014-15 from the given particulars and give your comments about the same, when current ratio if 2:1 and liquid ratio of 1:1 are said to be satisfactory.