Question: Selected financial data regarding current assets and current liabilities for ACME Corporation and Wayne Enterprises, are as follows: ($ in millions) Wayne Enterprises ACME

Selected financial data regarding current assets and current liabilities for ACME Corporation

Selected financial data regarding current assets and current liabilities for ACME Corporation and Wayne Enterprises, are as follows: ($ in millions) Wayne Enterprises ACME Corporation Current assets: Cash and cash equivalents Current investments Net receivables Inventory 5 570 6 537 $195 487 116 10,683 7,709 Other current assets t 3,227 165 Total current assets Current liabilities: $13,023 $8,672 Current debt $7,721 $4,370 Accounts payable 1,717 971 Other current liabilities 1,173 2,480 Total current liabilities $10,611 $7,821 Required: 1-6. 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.) Current Ratio ACME Corporation Wayne Enterprises

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