Study the information given below carefully and answer the following question.

Current Ratio for the year 2020 will be_______________

2.32:1

Current Assets = Inventory + Trade Receivables + Cash In hand + Prepaid Expenses
                        = 3,00,000+12,00,000+11,00,000+17,00,000
                        = 43,00,000
Current Liabilities = Trade Payables + Outstanding Expenses
                            = 50,000+18,00,000
                            =18,50,000
Current Ratio= C.A/C.L
                    =43,00,000/18,50,000
                    =2.32 :1