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Exercise 11-08 a b (Part Level Submission) Suppose the following financial data were reported by...

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Exercise 11-08 a b (Part Level Submission) Suppose the following financial data were reported by 3M Company for 2019 and 2020 (dollars in milions). CALCIATO PINTERESON BACK 2019 3M Company Balance Sheets (partial) Current assets 2020 Cash and cash equivalents Accounts receivable, net 53,160 Inventories 3,340 2,675 Other current assets 1,956 Total current assets $11,131 Current liabilities $4,758 51,836 3,110 3,017 1.610 $9,581 $5,830 Calculate the current ratio and working capital for 3M for 2019 and 2020. (Round current ratio to 2 decimal places, to million) 1. Enter working capital answers Current ratio 2019 2020 Working capital M1019 Inventories Other current assets 2,675 1,956 3,017 1,618 $9,581 $5,830 Current liabilities $4,758 (a) Calculate the current ratio and working capital for 3M for 2019 and 2020. (Round current ratio to 2 decimal place to million.) Current ratio 2019 2020 Working capital 2019 million 2020 million

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