Selected financial data regarding current assets and current liabilities for Ferris Air and Oceanic Airlines are provided as follows: Ferris Air Oceanic Airlines ($ 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 $1,225 3,104 811 525 270 $5,935 $ 4,684 1,351 1, 844 388 637 $ 8,904 $6,702 $ 6,991 2,672 2,407 1,604 $11,002 $9,374 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 1-b. Which Airlines has the better current ratio? O Ferris Air O Oceanic Airlines 2-a. Calculate the acid-test (quick) ratio for Ferris Air and Oceanic Airlines. (Enter your answers in millions. For example, $5,500,000 should be entered as 5.5.) Acid-Test Ratio Ferris Air Oceanic Airlines