Question: Selected financial data regarding current assets and current liabilities for Ferris Air and Oceanic Airlines are provided as follows: 2-a. Calculate the acid-test (quick) ratio

Selected financial data regarding current assets and current liabilities for Ferris Air and Oceanic Airlines are provided as follows: 2-a. Calculate the acid-test

Selected financial data regarding current assets and current liabilities for Ferris Air and Oceanic Airlines are provided as follows: 2-a. Calculate the acid-test (quick) ratio for Ferris Air and Oceanic Airlines. (Enter your answers in millions. For example, $5,500,000 should be entered as 5.5.)

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