uick ratio American Eagle Outfitters Inc. (AEO) operates specialty retail stores, selling clothing such as denim, sweaters, t-shirts, and fleece outerwear that targets 15-to-25-year-old men and women. The following asset and liability data (in millions) were adapted from recent financial statements. Year 2 Year 1 Current assets: Cash 3414 $379 Accounts receivable 78 87 Inventory 398 358 Prepaid and other current assets 78 78 Total current assets $968 $902 Total current liabilities $485 $494 1. Compute quick assets for Years 2 and 1. Year 2 Quick Assets million Year 1 million 2. Compute the quick ratio for Years 2 and 1. Round your answers to two decimal places. Year 2 Quick Ratio Year 1 3. American Eagle Outfitters' quick assets Year 2. Its quick ratio by Outfitters' liquidity position has by $ million during during Year 2. Overall, American Eagle from Year 1 to Year 2