Review the 2011 balance sheet data for Hewlett-Packard (HP) and Dell shown below.

1. Compute each company's current ratio for 2011. Based on the result, which company appears to be more liquid?
2. Compute each company's debt-to-equity ratio for 2011. Which company appears to have the most debt in relation to stockholders' equity?
3. Which company has a larger amount of long-term debt in its financing mix?
4. Why would HP have a larger amount in retained earnings at the end of 2011 relative to Dell?
5. How can Dell have $28,236 million in retained earnings and only $8,917 million of total stockholders' equity?

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in millions) Hewlett-Packard Del S51,021 $ $29,448 22,001 35,616 8,917 28,236 Current liabilities 50,442 Total liabilities 35,266