Selected financial data regarding current assets and, Finance Basics

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Selected financial data regarding current assets and

Question: Selected financial data regarding current assets and current liabilities for Royal Caribbean Cruises, Ltd., a leader in the cruise line industry, is provided:

Required: 1. Calculate the current ratio and the acid-test ratio for Royal Caribbean.

2. Compare your calculations with those for United Airlines and Southwest Airlines reported in the chapter text. Which company appears more likely to have difficulty paying its currently maturing debts?

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