From the following information, calculate current ratio. Trade receivables (debtors) 1, 00,000 Bills payable 20,000 Prepaid Expenses 10,000 Sundry Creditors 40,000 Cash and cash equivalents 30,000...

From the following information, calculate current ratio.

Trade receivables (debtors) 1, 00,000 Bills payable 20,000

Prepaid Expenses 10,000 Sundry Creditors 40,000

Cash and cash equivalents 30,000 Debentures 2,00,000

Short term investments 20,000 Inventories 40,000

Machinery 7,000 Expenses Payable 40,000