Ratio analysis 2: liquidity, working capital, and long-term financial stability
. Abi Limited presents the following figures in the financial statements for the year ended 31 December 2021 (all figures in £000):
Total non-current assets: £12,842
Total non-current liabilities: £6,862
Total current liabilities: £3,758
Total equity: £6,920
Total current assets: £4,698
What is Abi Limited's current ratio at 31 December 2021?

. Gemma Limited presents the following figures in the financial statements for the year ended 31 October 2021 (all figures in £000):
Trade payables: £2,325
Inventory: £1,753
Property, plant and equipment: £8,422
Share capital: £1,500
Trade receivables: £2,875
Taxation payable: £800
Cash and cash equivalents: £372
What is Gemma Limited's current ratio at 31 October 2021?

. Kate Limited presents the following figures in the financial statements for the year ended 31 July 2021 (all figures in £000):
Non-current liability long-term borrowings: £8,000
Goodwill: £1,100
Inventory: £2,500
Property, plant and equipment: £15,675
Bank overdraft: £825
Share capital: £3,500
Trade payables: £4,130
Trade receivables: £4,220
Taxation payable: £1,645
Current portion of long-term borrowings: £400
What is Kate Limited's current ratio at 31 July 2021?