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Jones Corporation reported current assets of $183,000 and current liablities of $126,000 on its most recent balance sheet. The current assets consisted of $64,000 Cash;

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Jones Corporation reported current assets of $183,000 and current liablities 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 Cholce 1.4:1 0.87:1 0.60:1 1:1. 0.58:1

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