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Jones Corp. reported current assets of $198,000 and current liabilities of $139,500 on its most recent balance sheet. The current assets consisted of $60,600 Cash;

Jones Corp. reported current assets of $198,000 and current liabilities of $139,500 on its most recent balance sheet. The current assets consisted of $60,600 Cash; $41,500 Accounts Receivable; and $95,900 of Inventory. The acid-test (quick) ratio is:

1.4:1.

0.73:1.

0.52:1.

1:1.

0.69:1.

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