Ferris Air Oceanic Airlines ($ in millions) Current assets: Cash and cash equivalents Current investments Net receivables Inventory Other current assets Total current assets $1,165 3,044 751 465 210 $5,635 $ 4,084 1,291 1,784 328 577 $ 8,064 Current liabilities: Current debt Accounts payable Other current liabilities $6,302 2,612 0 $ 6,967 2,347 1,544 $10,858 Total current liabilities $ 8,914 Required: 1-a. Calculate the current ratio for Ferris Air and Oceanic Airlines. (Enter your answers in millions. For example, $5,500,000 should be entered as 5.5.) Current Ratio Ferris Air Oceanic Airlines II II 1-b. Which Airlines has the better current ratio? Ferris Air Oceanic Airlines 2-a. Calculate the acid-test (quick) ratio for Ferris Air and Oceanic Airlines. (Enter your answers in millions. For example, $5,500,000 should be entered as 5.5.) Acid-Test Ratio Ferris Air Oceanic Airlines