Jones Corp.reported current assets of $193,000,current liabilities of $137,000,and total liabilities of $275,714 on its most recent balance sheet.The current ratio is:
A) 1.4 : 1.
B) 0.7 : 1.
C) 0.3 : 1.
D) 1 : 1.
E) 0.4 : 1.
Correct Answer:
Verified
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