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Suppose the following financial data were reported by 3 M Company for 2021 and 2022 (dollars in millions). Calculate the current ratio and working capital

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Suppose the following financial data were reported by 3 M Company for 2021 and 2022 (dollars in millions). Calculate the current ratio and working capital for 3M for 2021 and 2022. (Round current ratio to 2 decimal places, eg. 1.25:1. Enter working capital answers to million.) Suppose that at the end of 2022,3M management used $197 million cash to pay off $197 million of accounts payable. How would its current ratio and working capital have changed? (Round current ratio to 2 decimal places, eg. 1.25:1. Enter working capital answer to million.) Current ratio :1 Working capital $ million

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