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The following balances are extracted from the statement of financial position of a company at its year end: Non-current assets: Property, plant and equipment 296,700
The following balances are extracted from the statement of financial position of a company at its year end: Non-current assets: Property, plant and equipment 296,700 Current assets: Inventory Trade receivables Cash 74,250 32,648 1,156 Current liabilities: Bank overdrafts Trade payables Taxation due 4,500 114,720 21,000 Non-current liabilities: Bank loan 200,000 What is the company's quick ratio at the year end? O A. 0.77 O B.2.02 OC. 0.24 OD.2.89
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