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Jones Company has the following information from the partial balance sheet. Current Assets: Cash and Cash Equivalents Accounts Receivable, net Inventories Prepaid Rent Total
Jones Company has the following information from the partial balance sheet. Current Assets: Cash and Cash Equivalents Accounts Receivable, net Inventories Prepaid Rent Total Current Assets $7,400 4,000 3,000 2,000 $16,400 Current Liabilities: Accounts Payable $4,700 Current Portion Long-Term Debt 1,200 Accrued Salaries Payable 1,000 OA. 1.22 OB. 2.38 OC. 1.44 OD. 0.42
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