PepsiCo, Inc. (PEP), the parent company of Frito Layt snack foods and Pepti beverages, had the following current assets and current liabilities at the end of two recent years Year 2 (in millions) Year 1 (in millions) $ 10,610 $9,158 Cash and cah equivalents Short term investments, at cost 8.900 6,967 Accounts and notes receivable.net 7,024 6,694 Inventor 2,947 2,723 908 6,192 Prepaid expenses and other current assets 1506 Showerm obligations (liabilities) 5,485 Accounts payable and other current libilities 15,017 a. Determine the (1) cuttin and quite for both year Round to one decimal plan Year 2 Year! 14,240 Can Quick b. What conclusion can be done from the