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The following information is available for Jones Company. 1851,560,000 Current assets $2,250,000 Current liabilities $1,560,000 Long-term assets 4.500,000 Long-term liabilities 3.750,000 Total assets $6,750,000 Total
The following information is available for Jones Company. 1851,560,000 Current assets $2,250,000 Current liabilities $1,560,000 Long-term assets 4.500,000 Long-term liabilities 3.750,000 Total assets $6,750,000 Total liabilities $5,310,000 Sales $1,875,000 Net earnings $ 180,000 What is Jones' current ratio? 1.44 to 1.0 .69 to 1.0 .79 to 1.0 0 1.27 to 1.0
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