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 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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