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The Copper Grill has the following current assets: cash, $13 million; receivables, $55 million; Inventory, $42 million and other current assets $3 million. The Copper

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The Copper Grill has the following current assets: cash, $13 million; receivables, $55 million; Inventory, $42 million and other current assets $3 million. The Copper Grill has the following liabilities: accounts payable, $35 million; current portion of long-term debt, $8 million; and long-term debt, $13 million Based on these amounts, calculate the current ratlo and the acid-test ratio for The Copper Grill (Round your answers to 2 decimal places.) The Copper Grill Current ratio Acid-test ratio

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