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Based on the Above Figures, What Is the Current Ratio

Question 22

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£Trade payables 20,000Trade and other receivables 25,000 Cash9,000Taxation payable 10,000Current portion of long-term borrowings6,000Inventory 18,000Non-currentassets 60,000\begin{array}{l}\begin{array} {lll } &£\\\text {Trade payables }&20,000\\\text {Trade and other receivables }&25,000\\\text { Cash}&9,000\\\text {Taxation payable }&10,000\\\text {Current portion of long-term borrowings}&6,000\\\text {Inventory }&18,000\\\text {Non-currentassets }&60,000\\\end{array}\end{array} Based on the above figures, what is the current ratio?


A) 1.15:1
B) 1.44:1
C) 1.73:1
D) 3.11:1

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