Mehring’s 2015 financial statements contained the following data (in millions).
| Current assets | $17,890 | Accounts receivable | $1,550 | |
| Total assets | 42,430 | Interest expense | 980 | |
| Current liabilities | 12,000 | Income tax expense | 1,270 | |
| Total liabilities | 32,580 | Net income | 2,230 |
| Cash | 380 |
Instructions
Compute these values:
| (a) | Working capital. | (b) | Current ratio. |
