=+PepsiCo, Inc., the parent company of Frito-Lay snack foods and Pepsi beverages, had the following current assets and current liabilities at the end of two recent years:

Dec. 30, 2006 Dec. 31, 2005

(in millions) (in millions)

Cash and cash equivalents $1,651 $1,716 Short-term investments, at cost 1,171 3,166 Accounts and notes receivable, net 3,725 3,261 Inventories 1,926 1,693 Prepaid expenses and other current assets 657 618 Short-term obligations 274 2,889 Accounts payable and other current liabilities 6,496 5,971 Income taxes payable 90 546

a. Determine the (1) current ratio and (2) quick ratio for both years. Round to one decimal place.