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Jones Corp. reported current assets of $199,000 and current liabilities of $140, 500 on its most recent balance sheet. The current assets consisted of $60,

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Jones Corp. reported current assets of $199,000 and current liabilities of $140, 500 on its most recent balance sheet. The current assets consisted of $60, 400 cash: $41, 200 Accounts Receivable and $97, 400 of Inventory. The acid-test (quick) ratio is: 1.4:1. 0.72:1. 0 51:1. 1:1. 0 69:1

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