Given Below is the Balance sheet of ABC Co. Analyze the Balance Sheet and Calculate the Current Ratio.   Liabilities Amount Assets Amount Share Capital 50,000 Fixed Asset 1,24,000 Preference Share Capital 30,000 Short Term Capital 10,000 General Reserve 40,000 Debtors 95,000 Debentures 60,000 Stock 50,000 Trade Payable 10,000 Cash and Bank 15,000 Bank Overdraft 20,000 Discount on Share Issue 6,000 Provision for Tax 40,000   Provision for Depreciation 20,000

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