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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.
| Quick Ratio |
Apple Inc.: |
|
Dell Inc.: |
|
b. Which company has a stronger relative cash and short-term investment position?
SelectAppleDell
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