Exercise 8-17A Calculate and analyze liquidity ratios (LO8-6) Selected financial data regarding current assets and current liabilities for Queen's Line, a competitor in the cruise line industry, is provided: ($ in millions) Current assets: Cash and cash equivalents $ 334 Current investments 70 232 Net receivables Inventory 120 Other current assets. 137 Total current $ 893 assets Current liabilities: $1,135 704 Accounts payable Short-term debt Other current liabilities 909 Total current liabilities $2,748 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