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Jones Corp. reported current assets of $201,500 and current liablltles of $143,000 on Its most recent balance sheet. The current assets consisted of $60,000 Cash;

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Jones Corp. reported current assets of $201,500 and current liablltles of $143,000 on Its most recent balance sheet. The current assets consisted of $60,000 Cash; $40,600 Accounts Recelvable; and $100,900 of inventory. The acld-test (quick ratio is: O 14:1. O 701 O 0.501. O 11 O 0.671

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