Question: hool x Portact Competition Pre-Class X Question 1 Ch 08 BE 8-16 - Cox + eztomheducation.com/ext/map/index.html?_con con&external browser-O&launchurahttps%253A%2 252Fnewconnect.mheducati RE 8-16 0 Help Sove &

 hool x Portact Competition Pre-Class X Question 1 Ch 08 BE

hool x Portact Competition Pre-Class X Question 1 Ch 08 BE 8-16 - Cox + eztomheducation.com/ext/map/index.html?_con con&external browser-O&launchurahttps%253A%2 252Fnewconnect.mheducati RE 8-16 0 Help Sove & Exit Submit Check my work DIREI CAECIDE O 10 LOLLIGUE current and GLIEDE ILIUSILUO) Airline Accessories has the following current assets: cash, $101 million, receivables, 593 million Inventory, 5181 million and other current assets. $17 million Airline Accessories has the following liabilities accounts payable $96 million current portion of long-term debt, $34 million and long-term debt. $22 million Based on these amounts, calculate the current ratio and the acid-test ratio for Airine Accessories (Enter your answers in millions, not in dollars. For example, $5,500,000 should be entered as 5.5.) Current Ratio Current assets Current liabilities $ 3 3.00 1 nces Acid-Test Ratio Current liabilities 5 Long-term liabilities $ 1 1.00 1

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