Quick ratio The Gap Inc. (GPS) operates specialty retail stores under such brand names as GAP, Old Navy, and Banana Republic. The following asset and liability data (in millions) were adapted from recent finan statements Current assets: Cash Accounts receivable Inventory Prepaid and other current assets Total current assets Total current abilities 1. Compute quick sets for Years 2 and 1. Year 2 T Year 2 Year 1 $1,783 $1,783 202 335 1,997 1,830 506 367 34,568 $4,315 $2,461 $2,453 Quick Assets 2. Compute the quick ratio for Years 2 and 1 Round your answers to two decimal places. Quick Ratio