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Can you please help me with this work Selected financial data regarding current assets and current liabilities for ACME Corporation and Wayne Enterprisesare as follows.

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Selected financial data regarding current assets and current liabilities for ACME Corporation and Wayne Enterprisesare as follows. ACME Corporation Wayne Enterprises ($ in millions) Current assets: Cash and cash equivalents Current investments Net receivables Inventory Other current assets Total current assets Current liabilities: Current debt Accounts payable Other current liabilities Total current liabilities $ 533 5 611 10,548 1,273 $12,970 $ 325 530 246 9,009 295 $10,405 $ 9,021 1,847 1,164 $12,032 $ 4,288 1,101 2.415 $ 7,804 Required: 1-a. 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 Total current assets $ Total current liabilities is ACME Corporation 12,970 1.078 12,032 $ $ Wayne Enterprises 10,405 1.333 7,804 2-a. 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.) ACME Corporation Acid-Test Ratio Total current assets Total current liabilities Wayne Enterprises 0 0 2-b. Which company has the better ratio? O ACME Corporation Wayne Enterprises

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