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Suppose 3M Company reported the following financial data for 2025 and 2024 (in millions). Your answer is correct. Calculate the current ratio for 3M for

image text in transcribedimage text in transcribed Suppose 3M Company reported the following financial data for 2025 and 2024 (in millions). Your answer is correct. Calculate the current ratio for 3M for 2025 and 2024. (Round answers to 2 decimal places, e.g. 1.25:1.) eTextbook and Media Attempts: 1 of 2 (b) X Your answer is incorrect. Suppose that at the end of 2025, 3M management used $300 million cash to pay off $300 million of accounts payable. What would the new ratio be? (Round answer to 2 decimal places, e.g. 1.25:1. Current ratio :1

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