Selected financial data regarding current assets and current liabilities for two competing companies, Simon and Garfunkel, are provided as follows: ($ in millions) Current assets Cash and cash equivalents Short-term investments Net receivables Inventory Simon Garfunkel $ 670 $2,970 3,630 0 991 1,380 515 202 Other current assets 325 479 Total current assets $6,131 $5,031 Current liabilities Accounts payable Short-term debt $7,200 $4,295 1,300 1,027 Other current liabilities 0 1,301 Total current liabilities $8,500 $6,623 1-a. Calculate the current ratio for Simon. Then calculate the current ratio for Garfunkel. (Round your answers to 2 decimal places.) Simon Garfunkel Current Ratio