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2020Fall Fin320 Kapia wasafi & 09/20/20 2:43 AM Homework: Chapter 2 Homework Save Score: 0 of 1 pt 2 of 17 (11 complete) HW Score:

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2020Fall Fin320 Kapia wasafi & 09/20/20 2:43 AM Homework: Chapter 2 Homework Save Score: 0 of 1 pt 2 of 17 (11 complete) HW Score: 64.71%, 11 of 17 pts P 2-20 (similar to) A Question Help In December 2015, Apple had cash of $37.87 billion, current assets of $76.68 billion, and current liabilities of $75.79 billion. It also had inventories of $2.45 billion. a. What was Apple's current ratio? b. What was Apple's quick ratio? c. In January 2016, Hewlett-Packard had a quick ratio of 0.66 and a current ratio of 0.90. What can you say about the asset liquidity of Apple relative to Hewlett-Packard? a. What was Apple's current ratio? Apple's current ratio was . (Round to two decimal places.)

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