Use the following to answer the given question

₦
Premises 100,000
Plant 50,000
Fixtures 30,000
Stock 2,000
Debtor 10,000
Cash 10,000
Creditors 20,000

Quick ratio is?

A. 4 : 1
B. 3 : 1
C. 2 : 1
D. 1 : 1

Correct Answer: Option D

D. 1 : 1

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