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Airline Accessories has the following current assets: cash, $105 million; recelvables. $97 million; inventory, $185 million; and other current assets, $21 million. Airline Accessories has

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Airline Accessories has the following current assets: cash, $105 million; recelvables. $97 million; inventory, $185 million; and other current assets, $21 million. Airline Accessories has the following liabilities: accounts payable, $104 million; current portion of long-term debt . $38 million; and long-term debt, $26 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.) Answer is complete but not entirely correct. Current Ratio Current assets 408,000,000 2.43 Current liabilities 168,000,000 Acid-Test Ratio Quick assets 202,000,000 1.20 Current liabilities 168,000,000 *

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