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Suppose the following financial data were reported by 3M Company for 2019 and 2020 (dollars in millions). (a) Your answer is correct. Calculate the current
Suppose the following financial data were reported by 3M Company for 2019 and 2020 (dollars in millions). (a) Your answer is correct. Calculate the current ratio and working capital for 3M for 2019 and 2020 . (Round current ratio to 2 decimal places, e.g. 1.25: 1 . Enter working capital answers to million.) Suppose that at the end of 2020,3M management used $180 million cash to pay off $180 million of accounts payable. How would its current ratio and working capital have changed? (Round current ratio to 2 decimal places, e.g. 1.25: 1. Enter working capital answer to million.) Current ratio :1 Working capital million
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