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. 0.4 : 1.
B. 1 : 1.
C. 0.3 : 1.
D. 1.4 : 1.
E. 0.7 : 1.
Answer: D
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