Selected financial data regarding current assets and current liabilities for ACME Corporation and Wayne Enterprises, are as follows: ACHE Corporation Wayne Enterprises ($ in mllions Current assets: Cash and cash equivalents Current investments Het receivables Inventory Other current assets Total current assets Current liabilities Current debt Accounts payable Other current liabilities Total current liabilities 535 5 510 10,699 1,378 $13,127 $ 145 519 66 7.209 115 $8,054 $4,223 921 $ 7,221 1,667 1,033 $ 9,921 2.582 57,726 Required: 1-a. 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.) ACME Corporation Wayne Enterprises Current Ratio Total current assets Total current liabilities Required: 1-a. 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.) ACME Corporation Wayne Enterprises Current Ratio Total current assets Totat current liabilities 1-b. Which company has the better ratio? Wayne Enterprises O ACME Corporation 2-a. Calculate the acid-test (quick) ratio for ACME Corporation and Wayne Enterprises. (Enter your answers in millions. For example, $5,500,000 should be entered as 5.5.) ACME Corporation Wayne Enterprises Acid-Test Ratio 1-5. Which company has the better ratlo? Wayne Enterprises O ACME Corporation 2-a. Calculate the acid-test (quick) ratio for ACME Corporation and Wayne Enterprises. (Enter your answers in millions. For example, $5,500,000 should be entered as 5.5.) Acid-Test Ratio ACME Corporation Wayne Enterprises 2-b. Which company has the better ratio? Wayne Enterprises O ACME Corporation