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TB MC Qu. 13-117 Jones Corp. reported current... Jones Corp. reported current assets of $196,000 and current liabilities of $138.500 on its most recent balance

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TB MC Qu. 13-117 Jones Corp. reported current... Jones Corp. reported current assets of $196,000 and current liabilities of $138.500 on its most recent balance sheet. The current assets consisted of $61,000 Cash $42.100 Accounts Receivable, and 592.900 of Inventory. The acid-test quick) ratio is: TB MC Qu. 13-117 Jones Corp. reported current... Jones Corp. reported current assets of $196,000 and current liabilities of $1 $92,900 of Inventory. The acid-test (quick) ratio is: 0:43:15 Multiple Choice 14:1 0.74: 1 0.53.1. 1:1 0.67.1

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