Question: need help with B Current Attempt in Progress Suppose the following financial data were reported by 3M Company for 2021 and 2022 (dollars in millions).


Current Attempt in Progress Suppose the following financial data were reported by 3M Company for 2021 and 2022 (dollars in millions). 3M Company Balance Sheets (partial) Current assets 2022 Cash and cash equivalents $3,020 Accounts receivable net Inventories Other current assets Total current assets Current liabilities 3,310 2,738 1,914 $10,982 $4,838 2021 $1,854 3,200 3,007 1,561 $9,622 $5,881 Calculate the current ratio and working capital for 3M for 2021 and 2002. (Round current ratio to 2 decimal places, working capital answers to milion) Current ratio: 2021 2022 Working capital 2021 2022 Textbook and Mediu 2 E S 4 R F S V T C 164 2.27 a 3741 milion 4144 million B Y H 2 N J 1 M K O p Suppower that at the end of 2022, 3M management used $196 million cash to pay off $196 million of accounts payab its current ratio and working capital have changed? (Round current ratio to 2 decimal places, eg 1.25:1 Enter working- million) W S Current ratio Working capital $ X eTextbook and Media D *A C R F V T G 8134 B million Y - H N M 9 K Attempts of Sused Sa O L
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