Multiple Choice
Jones Corp. reported current assets of $193,000 and current liabilities of $137,000 on its most recent balance sheet.
- The current ratio is:
A) 0.7:1.
B) 1:1.
C) 0.4:1.
D) 1.4:1.
E) 0.3:1.
Correct Answer:
Verified
Correct Answer:
Verified
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