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Selected financial data regarding current assets and current liabilities for ACME Corporation and Wayne Enterprises, are as follows: ACHI Corporation Wayne Enterprises Current assete
Selected financial data regarding current assets and current liabilities for ACME Corporation and Wayne Enterprises, are as follows: ACHI Corporation Wayne Enterprises Current assete Cash and cash equivalents Current investments not receivables Inventory Other current as 8372 $ 235 407 121 10,500 156 8,109 1,266 205 Total current sets $12,944 $9,112 Current Liabilities Current debt $4,073 Accounts payable 1,357 1,011 Other current liabilities. 1,001 2,389 Total current Liabilities $10,879 87,473 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 Weyne Enterpris Total current assets $ 12.944 112 1.190 1219 Total cument abides $ 10.879 7473 Check my work
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