Solved: The current assets consisted of 62000 cash 43000 accounts, Accounting Basics

+44 141 628 6080
[email protected]

The current assets consisted of 62000 cash 43000 accounts

Jones Corp. reported current assets of $193,000 and current liabilities of $137,000 on its most recent balance sheet. The current assets consisted of $62,000 Cash; $43,000 Accounts Receivable; and $88,000 of Inventory. The acid-test (quick) ratio is:

Solution Preview :

Prepared by a verified Expert

Accounting Basics: The current assets consisted of 62000 cash 43000 accounts

Reference No:- TGS02546832

Now Priced at $15 (50% Discount)

Recommended (90%)

Rated (4.3/5)

Have a Question? (oR Write a Review)

Write atleast 100 words!!

Recent Questions Asked Accounting Basics

Q : Public policy and political science the high cost of health

question public policy and political science the high cost of health care has forced some people to choose between

Q : What is the total conversion cost for warner bros what is

what is the total conversion cost for warner broswhat is the total manufacturing overhead for painted trails cowhat is

Q : Pell company acquires 80 of demers company for 500000 on

problem - pell company acquires 80 of demers company for 500000 on january 1 2010 demers reported common stock of

Q : Location the 2013 profile of international home buying

question location the 2013 profile of international home buying activity reported the percentage of total foreign

Q : The current assets consisted of 62000 cash 43000 accounts

jones corp reported current assets of 193000 and current liabilities of 137000 on its most recent balance sheet the

Q : The topic i chose is racial profiling in the us criminal

the topic i chose is racial profiling in the us criminal justice system to narrow down the criminals is a widespread

Q : Also describe potential alternative business models for

for pepsi co describe their business model includingcustomer value propositionprofit formulakey resourceskey

Q : Consider the following accident scenario develop a list of

assignment1 why is a ready investigative kit so important and valuable to accident preparedness2 one step in the

Q : Is there any evidence to suggest the proportion of people

question medicine and clinical studies a certain puzzle task is designed to measure spatial reasoning performance

1950500

Questions
Asked

3,689

Active Tutors

1421052

Questions
Answered

Start Excelling in your courses, Ask a tutor for help and get answers for your problems !!

ask Question

Asked Questions

What does scripture tell us about gods view of people

Q1. What does Scripture tell us about God's view of people? Q2. How should God's view of His children affect our teaching?

Describe the mehfil-e-sama in india

Briefly describe the mehfil-e-sama in India. In your view, how do these spiritual gatherings both reflect the historical expansion of Islam from

Illustrate what corduan says about witnessing to buddhists

Q1. How does Hwanja Lee's story in the video illustrate what Corduan says about witnessing to Buddhists?

What are your thoughts on the health message

Watch Tell the World Episode 6 on YouTube, Review of Final Episode and Verses on Health and Diet Lev 11, Gen 1, Quotes from EGW Email

Are there any of the objections to the teaching of catholic

Are there any of the objections to the teaching of the Catholic Church that Austriaco describes and rebuts on pp. 108-113?

How everyones life is deemed valuable to god

Because everyone's life is deemed valuable to God, the choice of suicide or euthanasia contradicts this and is therefore considered sin

Application of your passage following ibs principles

After you complete the evaluation, now is the time for the application of your passage following IBS principles.