Statement of Financial Position (Balance sheet) 31/12/2018
Assets:		Equity and Liabilities:
Property,Plants &Equity	100,000	Share Capital ($0.5 Par) (Common Stocks)	50,000
Investment in Associate	50,000	Share premium (APIC)	20,000
Inventory	10,000	Retained Earnings	15,000
Receivables	7,000	Preference shares	10,000
Cash and Equivalents	5,000	Bank Loan	62,000
Total	172,000	Trade Payable	10,000
		Accruals	5,000
		Total	172,000

the current ratio is

Select one:

a.

2.24

b.

other

c.

0.8

d.

1.47