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Mehring's 2011 financial statements contained the following data (in millions)

Accounting

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Mehring's 2011 financial statements contained the following data (in millions).

Current assets                   $16,890                 Accounts receivable                              $1,550

Total assets                         42,430                 Interest expense                                         980

Current liabilities                  15,160                 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.