ACME ($ in millions) Corporation Wayne Enterprises Current assets: Cash and cash equivalents $446 $315 Current investments 7 543 Net receivables 853 236 Inventory 10,539 8,909 Other current assets 1,226 285 Total current assets $13,071 $10,288 Current liabilities: Current debt $8,921 $4,260 Accounts payable 1,837 1,091 Other current liabilities 1,178 2,526 Total current liabilities $11,936 $7,877 Req 1A Req 18 Req 2A tes Req 2B Calculate the current ratio for ACME Corporation and Wayne Enterprises. (Enter your answers in millions. For example, $5,500,000 should be entered as 5.5.) Current Ratio ACME Corporation Wayne Enterprises Reg 1A Req 1B > Print ferences Req 1A Req 1B Req 2A Req 28 Which company has the more favorable ratio? Which company has the more favorable ratio? < Req 1A Req 2A > Req 1A Req 1B Req 2A Req 28 ences Calculate the acid-test (quick) ratio for ACME Corporation and Wayne Enterprises. (Enter your answers in millions. For example, $5,500,000 should be entered as 5.5.) Acid-Test Ratio ACME Corporation Wayne Enterprises < Req 1B Req 2B > ences Req 1A Req 1B Req 2A Req 28 Which company has the more favorable ratio? Which company has the more favorable ratio? < Req 2A Req 28