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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 Current

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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 Current Assets $7,800 4,000 3,000 2,600 $17,400 Current Liabilities: Accounts Payable Current Portion Long-Term Debt Accrued Salaries Payable $3,400 3,400 1,000 A. 1.21 OB. 1.47 OC. 2.23 D. 0.45 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 $7,800 4,000 3,000 2,600 $17,400 Current Liabilities: Accounts Payable Current Portion Long-Term Debt Accrued Salaries Payable $3,400 3,400 1,000 A. 1.21 OB. 1.47 OC. 2.23 D. 0.45

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