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The December 31, balance sheet of Jones Company includes the following information: Inventory Prepaid Expenses $250,000 20,000 Total Current Assets 600,000 Current Liabilities 300,000
The December 31, balance sheet of Jones Company includes the following information: Inventory Prepaid Expenses $250,000 20,000 Total Current Assets 600,000 Current Liabilities 300,000 Accounts Payable 180,000 What is Jones's quick ratio at December 31? Select one: O a.0.9 O b. 3.0 O c.2.1 d. 1.1 e. None of the above Previous Save Answers
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