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Please figure out the correct answer, thank you so much! Selected financial data regarding current assets and current liabilities for ACME Corporation and Wayne Enterprises,

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Selected financial data regarding current assets and current liabilities for ACME Corporation and Wayne Enterprises, are as follows: ACME Corporation Wayne Enterprises $ 456 ($ in millions) Current assets: Cash and cash equivalents Current investments Net receivables Inventory Other current assets Total current assets Current liabilities: Current debt Accounts payable Other current liabilities Total current liabilities 745 10,513 1,348 $13,067 $ 205 436 126 7,309 175 $8,751 $4,509 81 $ 7.821 1,727 1.180 $10,728 2.459 $7,949 dead. C a ncun In millions. For example, Required: 1-a. Calculate the current ratio for ACME Corporation and Wayne Enterprises. (Enter your answers in millions. For example, $5,500,000 should be entered as 5.5.) Current Ratio Total current assets Total current liabilities Answer is complete and correct. ACME Corporation Wayne Enterprises 13,067 8,751 1.218 1.101 10,728 $ 7,949 $ $ 1-b. Which company has the better ratio? Wayne Enterprises ACME Corporation 2-a. Calculate the acid-test (quick) ratio for ACME Corporation and Wayne Enterprises. (Enter your answers in millions. For example $5,500,000 should be entered as 5.5.) Acid-Test Ratio Quick assets Total current liabilities Answer is complete but not entirely correct. ACME Corporation Wayne Enterprises $ 2,554 942 X $ 10,728 $ 7,949 0.119 2-b. Which company has the better ratio? Wayne Enterprises ACME Corporation

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