Selected financial data regarding current assets and current liabilities for Princess's Line, a competitor in the...

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Selected financial data regarding current assets and current liabilities for Princess's Line, a competitor in the cruise line industry, is provided (in millions) Current assets: Cash and cash equivalents Current investments Net receivables Inventory other current assets Total current assets Current liabilities: Accounts payable Short-term debt other current liabilities Total current liabilities Required: $429 94 224 108 131 $986 $1,010 674 939 $2,623 1. Calculate the current ratio and the acid-test ratio for Princess's Line. (Enter your answers in millions, not in dollars. For example. $5,500,000 should be entered as 5.5.) Current Refo Accounts in Ratio Amounts Current abilities Acid-Text Rabo, Accounts in Rabo Amounts E Selected financial data regarding current assets and current liabilities for Princess's Line, a competitor in the cruise line industry, is provided (in millions) Current assets: Cash and cash equivalents Current investments Net receivables Inventory other current assets Total current assets Current liabilities: Accounts payable Short-term debt other current liabilities Total current liabilities Required: $429 94 224 108 131 $986 $1,010 674 939 $2,623 1. Calculate the current ratio and the acid-test ratio for Princess's Line. (Enter your answers in millions, not in dollars. For example. $5,500,000 should be entered as 5.5.) Current Refo Accounts in Ratio Amounts Current abilities Acid-Text Rabo, Accounts in Rabo Amounts E