Trimester Tinker Limited has the following working capital items in its statement of financial position at 31 December 2012: Which of the following statements is correct? a) Trimester Tinker Limited’s...

Trimester Tinker Limited has the following working capital items in its statement of financial position at 31 December 2012:

Which of the following statements is correct?

a) Trimester Tinker Limited’s current ratio is higher than the industry average and its quick ratio is also higher.

b) Trimester Tinker Limited’s current ratio is higher than the industry average but its quick ratio is lower.

c) Trimester Tinker Limited’s current ratio is lower than the industry average and its quick ratio is also lower.

d) Trimester Tinker Limited’s current ratio is lower than the industry average but its quick ratio is higher.