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Jones Corporation reported current assets of $183,000 and current liabilities of $126,000 on its most recent balance sheet. The current assets consisted of $64.000
Jones Corporation reported current assets of $183,000 and current liabilities of $126,000 on its most recent balance sheet. The current assets consisted of $64.000 Cash, $46,000 Accounts Receivable; and $73,000 of Inventory. The acid-test (quick) ratio is Mutiple Choice O 14:1 0871 060 1 O 111 058 1
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