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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:

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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 $ 429 Current investments 94 Net receivables 224 Inventory 108 Other current assets 131 Total current assets $ 986 Current liabilities: Accounts payable $1,010 Short-term debt Other current liabilities 939 Total current liabilities $2,623 674 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

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