Selected financial data regarding current assets and current liabilities for ACME Corporation and Wayne Enterprises, are as follows: ($ in millions) ACME Corporation Wayne Enterprises Current assets: Cash and cash equivalents $2,494 $541 Current investments 125 Net receivables 1,395 217 Inventory 10,710 8,600 Other current assets 773 301 Total current assets $15,372 $9,784 Current liabilities: Current debt $1,321 $47 Accounts payable 8,871 5,327 Other current liabilities 1,270 2,334 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?