Question: MC Qu. 115 Jones Corp. reported current... Jones Corp. reported current assets of $200,000 and current liabilities of $140,500 on its most recent balance sheet.

MC Qu. 115 Jones Corp. reported current...

Jones Corp. reported current assets of $200,000 and current liabilities of $140,500 on its most recent balance sheet. The working capital is:

Multiple Choice

70%.

142%.

$59,500.

($59,500).

42%.

MC Qu. 132 Martinez Corporation reported Net...

Martinez Corporation reported Net sales of $782,000 and Net income of $125,000. The Profit margin is:

Multiple Choice

1.60%.

15.98%.

6.26%.

84.02%.

626.0%.

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