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Assignment 8.1 6 Saved Help Save & Exit Submit Check my work ($ in millions) Current assets: Cash and cash equivalents Current investments Net receivables

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Assignment 8.1 6 Saved Help Save & Exit Submit Check my work ($ in millions) Current assets: Cash and cash equivalents Current investments Net receivables $ 464 88 277 102 128 10 Inventory Other current assets points Total current assets $1,059 eBook Current liabilities: Accounts payable Short-term debt Other current liabilities $1,050 659 Hint 954 $2,663 Print Total current liabilities References Required: 1. Calculate the current ratio and the acid-test ratio for Queen's Line. (Enter your answers in millions, not in dollars. For example, $5,500,000 should be entered as 5.5.) Current Ratio Acid-Test Ratio 10

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