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Suppose 3M Company reported the following financial data for 2025 and 2024 (in millions). 3M COMPANY Balance Sheet (partial) 2025 2024 Current assets Cash and

Suppose 3M Company reported the following financial data for 2025 and 2024 (in millions). 3M COMPANY Balance Sheet (partial) 2025 2024 Current assets Cash and cash equivalents $3,460 $2,213 Accounts receivable, net 3.235 3,185 Inventories 2.630 2.995 Other current assets 1.855 1,525 Total current assets $11.180 $9,918 Current liabilities $4,300 $5,700 (a) Calculate the current ratio for 3M for 2025 and 2024. (Round answers to 2 decimal places, eg. 125:1)

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