Selected financial data regarding current assets and current liabilities for ACME Corporation and Wayne Enterprises, are as follows:

($ in millions)	ACME Corporation	Wayne Enterprises
Current assets:
Cash and cash equivalents	$533	$325
Current investments	5	530
Net receivables	611	246
Inventory	10,548	9,009
Other current assets	1,273	295
Total current assets	$12,970	$10,405
Current liabilities:
Current debt	$9,021	$4,288
Accounts payable	1,847	1,101
Other current liabilities	1,164	2,415
Total current liabilities	$12,032	$7,804

Required:

1-a. Calculate the current ratio for ACME Corporation and Wayne Enterprises. 1-b. Which company has the more favorable ratio? 2-a. Calculate the acid-test (quick) ratio for ACME Corporation and Wayne Enterprises. 2-b. Which company has the more favorable ratio?