Problem 8-9A Calculate and analyze ratlos (L08-6) Selected financial data regarding current assets and current liabilities for ACME Corporation and Wayne Enterprises, are as follows: ACME Corporation $ 2,494 ($ 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 Wayne Enterprises $ 541 125 217 8,600 301 $9,784 1,395 10, 710 773 $15, 372 $ 1,321 8,871 1,270 $11,462 $ 47 5,327 2,334 $7,708 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 os 5.5.) Acid-Test Ratio ACME Corporation Wayne Enterprises 0 0 2-b. Which company has the better ratio? ACME Corporation Wayne Enterprises