Jones Corp. reported current assets of $192,000 and current liabilities of $136,500 on its most recent balance sheet. The current assets consisted of $62,200 Cash; $43,300 Accounts Receivable, and $86,500 of Inventory. The acid-test (quick) ratio is: Multiple Choice o o o O.55 1. o 14:1 o 07:1 o 0.55:1. o o 0.63:1. Ron Landscaping's income statement reports net income of $73,700, which includes deductions for interest expense of $12,000 and income taxes of $35,500. Its times interest earned is: Multiple Choice o 101 times o o Multiple Choice Saved 10.1 times 7.1 times 4.0 times 6.1 times 0.16 times Mule. The following information is available for the year ended December 31 Beginning raw materials inventory Raw materials purchases Ending raw materials inventory Manufacturing supplies expense $11,700 87,400 11,100 830 The amount of raw materials used in production for the year is: $88,830. $76,300. $88,230. $86,800. 88,000.