Question: Please help me with 2a Selected financial data regarding current assets and current liabilities for ACME Corporation and Wayne Enterprises, are as follows: ACHE Corporation

Selected financial data regarding current assets and current liabilities for ACME Corporation and Wayne Enterprises, are as follows: ACHE Corporation Wayne Enterprises $ 456 $ 205 436 745 126 7.809 (5 in millions) Current assets: Cash and cash equivalents Current investments Net receivables Inventory Other current assets Total current assets Current liabilities: Current debt Accounts payable Other current liabilities Total current liabilities 10,513 1,348 $13,067 175 $8,751 $4,509 31 $ 7.821 1.727 1.18 $10,728 2.459 $7,949 Required: 1-a. Calculate the current ratio for ACME Corporation and Wayne Enterprises. (Enter your answers in millions. For example, $5,500,000 should be entered as 5.5.) A l amate and correct 2-a. Calculate the acid-test (quick) ratio for ACME Corporation and Wayne Enterprises. (Enter your answers in millions. For example, $5,500,000 should be entered as 5.5.) Answer is complete but not entirely correct. ACME Corporation Wayne Enterprises Acid-Test Ratio Quick assets Total current liabilities
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