The following financial data were reported by Wildhorse Company for 2021 and 2022 (dollars in millions).

Suppose at the end of 2022, Wildhorse management sold $325 million of inventory for $520 million on account. (Round current ratio to 2 decimal places, e.g. 1.25:1.)

Please show what calculations you use to get answers.

The following financial data were reported by Wildhorse Company for 2021 and 2022 (dollars in millions). Wildhorse Company Balance Sheet (partial) 2022 2021 Current assets Cash and cash equivalents $2,600 $1,430 Accounts receivable, net 5,070 3,900 Inventories 3,510 2,990 Other current assets 910 1,495 Total current assets $12,090 $9,815 Current liabilities $10,010 $7,150 Suppose at the end of 2022, Wildhorse management sold $325 million of inventory for $520 million on account. (Round current ratio to 2 decimal places, e.g. 1.25:1.) Current ratio :1 Working capital ta How would the current ratio and working capital have changed? The current ratio had and working capital had remain unchanged e Textbook and N increased decreased Save for Later Attempts: 0 of 3 used Submit