Assume that for the 2017 fiscal year, AstroCo reported sales revenue of $4.2 billion and cost of goods sold of $1.9 billion.

Fiscal Year	2017			2016
Balance Sheet (in millions)
Cash	$	108		$	68
Accounts Receivable, less allowance of $20 and $20		525			429
Inventories		278			246
Prepaid Expenses		40			15
Other Current Assets		428			322
Accounts Payable		80			55
Wages Payable		50			66
Income Tax Payable		6			60
Other Current Liabilities		248			224

Assuming that all sales are on credit.

Required: 1. Compute the current ratio for 2017. (Round your answer to 2 decimal places.)

2. Compute the inventory turnover ratio and accounts receivable turnover ratio for 2017. (Round your answers to 2 decimal place.)