Read the following hypothetical extract of Rehan Limited and answer the given questions on the basis of the same:YEAR202020192018AMOUNT(IN ₹)(IN ₹)(IN ₹)Outstanding Expenses50,00040,00025,000Prepaid Expenses3,00,0002,50,0003,50,000Trade Payables18,00,00016,00,00014,00,000Inventory12,00,00010,00,00011,00,000Trade Receivables11,00,0008,00,00010,00,000Cash in hand17,00,00012,00,00015,00,000Revenue from operations24,00,00018,00,00020,00,000Gross Profit Ratio12%15%18%1 Current Ratio for the year 2020 will be_____________ (Choose the correct alternative) (a) 2:1 (b) 1.8:1 (c) 2.32:1 (d) 2.4:1 2 Quick Ratio for the year 2018 will be_________(Choose the correct alternative) (a) 1.75:1 (b) 1.8:1 (c) 0.94:1 (d) 1.25:13 Inventory turnover ratio for the year 2020 will be______(Choose the correct alternative) (a) 1.62times (b) 1.82 times (c) 1.55times (d) 1.92 times 4. Cost of Revenue from Operations for the year 2020 would be _________ (Choose the correct alternative) (a) ₹21,12,000 (b) ₹21,13,000 (c) ₹21,15,000 (d) ₹21,17,000