Business, 24.04.2020 19:26 oliviacolaizzi

Airline Accessories has the following current assets: cash, $98 million; receivables, $90 million; inventory, $178 million; and other current assets, $14 million. Airline Accessories has the following liabilities: accounts payable, $90 million; current portion of long-term debt, $31 million; and long-term debt, $19 million. Based on these amounts, calculate the current ratio and the acid-test ratio for Airline Accessories

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Airline Accessories has the following current assets: cash, $98 million; receivables, $90 million; i...

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