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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

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. 0.8

b. other

c. 2.24

d. 1.47

Please please, I don't have enough time, help me

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