Business, 20.12.2019 20:31, braphi5609

Jones corp. reported current assets of $193,000 and current liabilities of $137,000 on its most recent balance sheet. the current assets consisted of $62,000 cash; $43,000 accounts receivable; and $88,000 of inventory. the acid-test (quick) ratio is: . 1.4: 1b. 0.77: 1c. 0.54: 1d. 1: 1

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Jones corp. reported current assets of $193,000 and current liabilities of $137,000 on its most rece...