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help Jones Corp. reported current assets of $185,000 and current liabilities of $129,000 on its most recent balance sheet. The current assets consisted of $63.600
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Jones Corp. reported current assets of $185,000 and current liabilities of $129,000 on its most recent balance sheet. The current assets consisted of $63.600 Cash: $45,400 Accounts Receivable, and $76,000 of Inventory. The acid-test (quick) ratio is: Multiple Choice 0851 14:1 o 0.59:1 0.581 Step by Step Solution
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Financial Management Principles and Applications
Authors: Sheridan Titman, Arthur J. Keown, John H. Martin
13th edition
134417216, 978-0134417509, 013441750X, 978-0134417219
