Current Position Analysis Sherwood, Inc., the parent company of Tasty snack foods and Super 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) $3,429 2,436 7,743 $3,357 Short-term investments, at cost 6,234 Accounts and notes receivable, net 6,393 3,889 Inventories Prepaid expenses and other current assets 3,645 1,215 389 1,439 4,129 Short-term obligations Accounts payable 9,331 9,191 Ja. Determine the (1) current ratio and (2) quick ratio for both years. Round to one decimal place. Previous Year Current Year x 1. Current ratio 2. Quick ratio