Business, 12.02.2020 03:29 maddy1276

Jones Corp. reported current assets of $191,000 and current liabilities of $136,000 on its most recent balance sheet. The current assets consisted of $62,400 Cash; $43,600 Accounts Receivable; and $85,000 of Inventory. The acid-test (quick) ratio is:

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Jones Corp. reported current assets of $191,000 and current liabilities of $136,000 on its most rece...