Current Position Analysis Sherwood, Inc., had the following current assets and current liabilities at the end of two recent years: Year 2 (in millions) Year 1 (in millions) Cash and cash equivalents $2,278 $2,080 Short-term investments, at cost 1,618 3,863 Accounts and notes receivable, net 5,144 3,961 Inventories 2,712 2,711 Prepaid expenses and other current assets 904 1,003 Short-term obligations (liabilities) 362 3,838 Accounts payable and other current liabilities 8,560 7,824 a. Determine the (1) current ratio and (2) quick ratio for both years. Round to one decimal place. Year 2 Year 1 Current ratio 0.34 X Quick ratio 0.15 x