Response to the following problem:
Nokia is a leading global manufacturer of mobile devices and services. The following selected information is available from Nokia's financial statements.
(Euro millions) Current Year Prior Year
Current assets 23,613 24,470
Current liabilities 15,188 20,355
Required
1. Compute Nokia's current ratio for both the current year and the prior year.
2. Comment on any change from the prior year to the current year for the current ratio.