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(in millions) (in millions) Current assets: Cash and cash equivalents $9,588 $11,063 Short-term investments 6,193 Accounts receivable 4,195 8,011 Inventories 400 763 Other current assets*

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(in millions) (in millions) Current assets: Cash and cash equivalents $9,588 $11,063 Short-term investments 6,193 Accounts receivable 4,195 8,011 Inventories 400 763 Other current assets* 2,197 3,243 Total current assets $22,573 $23,080 Current liabilities: Accounts payable $4,812 $10,231 Accrued and other current liabilities 4,268 7,109 Total current liabilities $9,080 $17,340 *These represent prepaid expense and other nonquick current assets. a. Determine the quick ratio for both companies. If required, round your answers to one decimal place. Quick Ratio Violet Inc.: Magenta, Inc

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