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Airline Accessories has the following current assets: cash, $103 million; receivables, $95 million; inventory, $183 million; and other current assets, $19 million. Airline Accessories has

Airline Accessories has the following current assets: cash, $103 million; receivables, $95 million; inventory, $183 million; and other current assets, $19 million. Airline Accessories has the following liabilities: accounts payable, $100 million; current portion of long-term debt, $36 million; and long-term debt, $24 million. Based on these amounts, calculate the current ratio and the acid-test ratio for Airline Accessories. (Enter your answers in millions (i.e. 5,000,000 should be entered as 5).)

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Current Ratio Acid-Test Ratio

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