Current Position Analysis 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: Previous Year (in millions) Cash and cash equivalents Current Year (in millions) $6,297 322 7,041 Short-term investments, at cost Accounts and notes receivable, net Inventories $4,067 358 6,912 3,581 3,827 Prepaid expenses and other current assets 1,479 2,277 6,205 Short-term obligations 4,815 Accounts payable 12,274 11,949 a. Determine the (1) current ratio and (2) quick ratio for both years. Round to one decimal place. Current Year Previous Year 1. Current ratio 2. Quick ratio