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11.6 The current assets and current liabilities for Apple Inc. and Dell, Inc., are shown as follows at the end of a recent fiscal period:
11.6
The current assets and current liabilities for Apple Inc. and Dell, Inc., are shown as follows at the end of a recent fiscal period:
a. Determine the quick ratio for both companies. If required, round your answers to one decimal place.
a. Determine the quick ratio for both companies. If required, round your answers to one decimal place.
| Quick Ratio |
Apple Inc.: |
|
Dell Inc.: |
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