Home » Past Questions » Commerce » \(\begin{array}{c|c}  ₦ & ₦ \\ \hline \text{Capital 8000} & \text{Plant and machinery5000} \\ \hline \text{Net profit 4000} & \text{Motor Van 4500} \\ \hline \text{Drawings 200} & \text{Stock 2000} \\ \hline \text{Creditors 2000} & \text{Debtors 1000} \\ \hline \text{Accurals 300} & \text{Banks 100} \\ \hline & \text{Cash 600} \\ \hline 14100 & 14100 \\ \end{array}\)What is the current ration?...

\(\begin{array}{c|c}  ₦ & ₦ \\ \hline \text{Capital 8000} & \text{Plant and machinery5000} \\ \hline \text{Net profit 4000} & \text{Motor Van 4500} \\ \hline \text{Drawings 200} & \text{Stock 2000} \\ \hline \text{Creditors 2000} & \text{Debtors 1000} \\ \hline \text{Accurals 300} & \text{Banks 100} \\ \hline & \text{Cash 600} \\ \hline 14100 & 14100 \\ \end{array}\)What is the current ration?...


Question

\(\begin{array}{c|c}  ₦ & ₦ \\ \hline \text{Capital 8000} & \text{Plant and machinery5000} \\ \hline \text{Net profit 4000} & \text{Motor Van 4500} \\ \hline \text{Drawings 200} & \text{Stock 2000} \\ \hline \text{Creditors 2000} & \text{Debtors 1000} \\ \hline \text{Accurals 300} & \text{Banks 100} \\ \hline & \text{Cash 600} \\ \hline 14100 & 14100 \\ \end{array}\)

What is the current ration?

Options

A) 4 : 1

B) 5 : 1

C) 3 : 1

D) 2 : 1

The correct answer is D.


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