Current Attempt in Progress Wildhorse Inc. operates gaming stores across the country. Selected comparative financial statement data are shown below. WILDHORSE INC. Balance Sheet (partial) December 31 (in millions) ) 2021 2020 2019 Current assets Cash Short-term investments Accounts receivable Inventory Prepaid expenses Total current assets Total current liabilities $718 59 677 896 46 $2,396 $1,887 $90 59 581 524 50 $1,304 $824 $59 40 491 574 24 $1,188 $749 Additional information: (in millions) Net credit sales Cost of goods sold 2021 $8,256 5,330 2020 $3,937 2,645 Calculate the following liquidity ratios for 2021 and 2020. (Round current ratio and acid-test ratio to 2 decimal places, eg. 0.75:1, receivables turnover and inventory turnover to 1 decimal place, e.g. 52.7 and collection period, days sales in inventory and operating cycle to O decimal places, e.g. 125.) 2021 2020 Current ratio :1 :1 Acid-test ratio :1 :1 Receivables turnover times times Collection period days days Inventory turnover times times Days sales in inventory days days Operating cycle days days Indicate whether each of the liquidity ratios calculated in part (a) is better or worse in 2021. Current ratio Acid-test ratio Receivables turnover Collection period Inventory turnover Days sales in inventory Operating cycle