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Saved Help Save & Exit Submit Check my work Airline Accessories has the following current...

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Accounting

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Saved Help Save & Exit Submit Check my work Airline Accessories has the following current assets: cash, $98 million; receivables, $90 million; inventory, $178 million; and other current assets, $14 million. Airline Accessories has the following liabilities: accounts payable, $90 million; current portion of long-term debt, $31 million; and long-term debt, $19 million. Based on these amounts, calculate the current ratio and the acid-test ratio for Airline Accessories. (Enter your answers in millions, not in dollars. For example, $5,500,000 should be entered as 5.5.) OK Current Ratio mt Acid-Test Ratio ences

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