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

$$

$($$ in millions$)$ACME CorporationWayne EnterprisesCurrent assets:Cash and cash equivalents$$2,494$$$541$Current investments$125$Net receivables$1,395217$Inventory$10,7108,600$Other current assets$773301$Total current assets$$15,372$$$9,784$Current liabilities:Current debt$$1,321$$$47$Accounts payable$8,8715,327$Other current liabilities$1,2702,334$Total current liabilities$$11,462$$$7,708$

$$

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?