Current position analysis

Sherwood, Inc., the parent company of Frito$-$Lay snack foods and Sherwood beverages, had the following current assets and current liabilities at the end of two recent

years:

a$.$ Determine the $(1)$ current ratio and $(2)$ quick ratio for both years. Round your answers to one decimal place.

b$.$ The liquidity of Sherwood has increased $$ slightly over this time period. Both the current and quick ratios have