Problem 8-9A Calculate and analyze ratlos (LO8-6) Selected financial data regarding current assets and current liabilities for ACME Corporation and Wayne Enterprises, are as follows: ACME Wayne ($ in millions) Corporation Enterprises Current assets! Cash and cash equivalents $ 2,494 $ 541 Current investments 125 Net receivables 1,395 217 Inventory 10, 710 8,600 Other current assets 773 301 Total current assets $15,372 $9,784 Current liabilities: Current debt $ 1,321 $ 47 Accounts payable 8,871 5,327 Other current liabilities 1,270 2,334 Total current liabilities $11,462 $7,708 Required: 1-4. Calculate the current ratio for ACME Corporation and Wayne Enterprises. (Enter your answers in millions. For example, $5,500,000 should be entered as 3.5.) Current Ratio ACME Corporation Wayne Enterprises