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zepelin [54]
2 years ago
12

Jones Corporation reported current assets of $191,800, current liabilities of $137,000, and total liabilities of $275,714 on its

most recent balance sheet. The current ratio is:
Business
1 answer:
VMariaS [17]2 years ago
4 0

Based on the information given the current ratio is:1.4.

<h3>Current ratio</h3>

Using this formula

Current ratio=Current assets/Current liabilites

Where:

Current assets=$191,800

Current liabilities=$137,000

Let plug in the formula

Current ratio=$191,800/$137,000

Current ratio = 1.4

Inconclusion the current ratio is:1.4.

Learn more about current ratio here:brainly.com/question/2686492

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