selected financial data regarding current assets and current liabilities for queens line, a competitor in the cruise line industry is provided. calculate the current ratio in the acid test ratio for queens line

Selected financial data regarding current assets and current liabil provided: 314 ($ in millions) Current assets: Cash and cash equivalents Current investments Net receivables Inventory Other current a Total current assets Current liabilities: Accounts payable Short-term debt Other current liabilities Total current liabilities 87 239 130 142 912 s to $ $1,165 729 884 Required: 1. Calculate the current ratio and the acid-test ratio for Queen's Line. $5,500,000 should be entered as 5.5.) Current Ratio Acid-Test Ratio