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Airline Accessories has the following current assets: cash, $111 million, receivables, $103 million; inventory, $191 million; and other current assets, $27 million. Airline Accessories has

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Airline Accessories has the following current assets: cash, $111 million, receivables, $103 million; inventory, $191 million; and other current assets, $27 million. Airline Accessories has the following liabilities: accounts payable, $116 million; current portion of long-term debt, $44 million; and long-term debt, $32 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.) Current Ratio Acid-Test Ratio

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