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Southwest Airlines Co. Consolidated Balance Sheet (in millions, except share data) December 31, 2017 December 31, 2016 ASSETS Current assets: Cash and cash equivalents Short-term

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Southwest Airlines Co. Consolidated Balance Sheet (in millions, except share data) December 31, 2017 December 31, 2016 ASSETS Current assets: Cash and cash equivalents Short-term investments Accounts and other receivables Inventories of parts and supplies, at cost Prepaid expenses and other current assets Total current assets 1,495 $ 1,778 662 420 1.680 1,625 546 337 310 4,498 460 4,815 Property and equipment, at cost: Flight equipment Ground property and equipment Deposits on flight equipment purchase contracts Assets constructed for others 21,368 4,399 919 20,275 3,779 1,190 1.220 26,464 9.420 17.044 970 774 23,286 1,543 28,229 9.690 18,539 970 786 25, 110 Less allowance for depreciation and amortization Goodwill Other assets S $ LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities: Accounts payable Accrued liabilities Air traffic liability Current maturities of long-term debt Total current liabilities 1,320 1,777 1.460 348 6,905 1.178 1.985 3,115 566 Current maturities of long-term debt Total current liabilities 348 6,905 566 6,844 3,320 2,358 1,390 707 2,821 3,374 1,078 728 Long-term debt less current maturities Deferred income taxes Construction obligation Other noncurrent liabilities Stockholders' equity: Common stock, $1.00 par value: 2,000,000,000 shares authorized; 807,611,634 shares issued in 2017 and 2016 Capital in excess of par value Retained earnings Accumulated other comprehensive income (loss) Treasury stock, at cost: 219,060,856 and 192,450,855 shares in 2017 and 2016 respectively Total stockholders' equity 808 1,451 14,621 808 1,410 11,418 (323) (6,462) 10,430 25, 110 S (4.872) 8,441 3,286 2 Use the Balance Sheet for Southwest Airlines. What was the Current Ratio and Acid Test Ratio for 2017? Round your answer to three decimal points

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