Sherwood, Inc., the parent company of Tasty snack foods and Super beverages, had the following current assets and current liabilities at the end of two recent years:

	Current Year (in millions)		Prior Year (in millions)
Cash and cash equivalents	$1,850		$1,690
Short-term investments, at cost	1,314		3,139
Accounts and notes receivable, net	4,176		3,219
Inventories	2,202		2,203
Prepaid expenses and other current assets	734		815
Short-term obligations	294		3,119
Accounts payable and other current liabilities	6,951		6,358
Income taxes payable	95		583

a. Determine the (1) current ratio and (2) quick ratio for both years. Round to one decimal place.

	Current Year	Prior Year
1. Current ratio
2. Quick ratio