Question 9 10 Points Statement of Profit & Loss for Lambert PLC to 31 December 2020 Em Em I Sales 280 Less cost of goods sold 140 140 Gross profit 80 Operating expenses 60 Profit before interest and tax 20 Less interest 40 Profit before taxation 6 Taxation 34 QUESTIONS REMAINING Profit after taxation 34 CO dividends 10 Retained income 24 1 Statement of Financial Position for Lambert PLC as at 31 December 2020 Fixed assets 310 Current assets: Inventory 47 Debtors 26 Cash & Bank 18 91 Total current assets 11 OF 13 QUESTIONS REMAINING Creditors 22 C Taxation 9 Net assets 370 I Capital & Reserves: 182 Loan 165 Which of the following is closest to the current ratio for Lambert pls? 3:2 B 2.8:1 9 1.2:1 Last 2.9:1