Selected financial data regarding current assets and current liabilities for ACME Corporation and Wayne Erterprises, are as follows: ACME Corporation Wayne Enterprises 533 ($ 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 $ 5 611 10,548 1,273 $12,970 $ 325 530 246 9,089 295 $10,485 $ 9,021 1,847 1,164 $12,032 $ 4,288 1,181 2,415 $ 7,804 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 ACME Corporation Wayne Enterprises 1-b. Which company has the better ratio? ACME Corporation Wayne Enterprises 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 ACME Corporation Wayne Enterprises 2-b. Which company has the better ratio? O ACME Corporation Wayne Enterprises