Chapter 8 Homework 13 0.44 points Selected financial data regarding current assets and current liabilities for Ferris Air and Oceanic Airlines are provided as follows: Is in millions) Current assets Cash and cash equivalents Current investments Net receivables Inventory Ferris Air Oceanic Airlines $1,185 54,284 3,064 1,311 771 1,804 485 348 Other current assets 230 597 Total current assets $5,735 $ 0,344 eltook Current Liabilities: Current debt $6,788 $ 7,474 Accounts payable. 2,632 2,367 Other current liabilities 3,564 Print Total current liabilities: $9,412 $11,485 References Help Save & Exit Submit Check my work Required: 1-a. Calculate the current ratio for Ferris Air and Oceanic Airlines. (Enter your answers in millions. For example, $5,500,000 should be entered as 5.5.) Current Ratio Ferris Air Oceanic Airlines Total current assets $ 5,735 0.609 Total current liablites $ 9,412 8,344 11,405 0.732