You have been presented with the following selected information from the financial statements of one of Canadas largest dairy producers, Saputo Inc. (in $ millions):

2019 2018 2017 Statement of financial position Accounts receivable Inventory Total current assets Total assets Current liabilities Total liabilities $1,248 1,681 3.134 9,886 1,932 $ 945 1,234 2,422 8,003 1,293 3,205 $ 863 1,172 2,380 7,597 1,193 3,274 4,465 Statement of income Sales Cost of goods sold Interest expense Income tax expense Net income $11,542 7,961 $13,502 9,179 67 $11,163 7,680 37 34 230 97 309 755 852 731 (a) Calculate each of the following ratios for 2019 and 2018. (Round answers to 1 decimal place, e.g. 17.5% or 6.5: 1 or $2.6.) (in millions) 2019 2018 1. Current ratio 16 :1 19 :1 2. Receivables turnover 12.6 times 12.5 times