At the end of 2017, Apple had cash and short-term investments of $74.64 billion, accounts receivable of $17.85 billion, current assets of $128.87 billion, and current liabilities of $100.93 billion. a. What was Apple's current ratio? b. What was Apple's quick ratio? c. What was Apple's cash ratio? d. At the end of 2017, HPQ had a cash ratio of 0.42, a quick ratio of 0.61 and a current ratio of 0.97. What can you say about the asset liquidity of Apple relative to HPQ?

At the end of 2017, Apple had cash and short-term investments of $74.64 billion, accounts receivable of $17.85 billion, current assets of $128.87 billion, and current liabilities of $100.93 billion. a. What was Apple's current ratio? b. What was Apple's quick ratio? c. What was Apple's cash ratio? d. At the end of 2017, HPQ had a cash ratio of 0.42, a quick ratio of 0.61 and a current ratio of 0.97. What can you say about the asset liquidity of Apple relative to HPQ? a. What was Apple's current ratio? The current ratio is (Round to two decimal places.) b. What was Apple's quick ratio? The quick ratio is (Round to two decimal places.) c. What was Apple's cash ratio? The cash ratio is (Round to two decimal places.) d. At the end of 2017, HPQ had a quick ratio of 0.61 and a current ratio of 0.97. What can you say about the asset liquidity of Apple relative to HPQ? (Select from the drop-down menus.) generally has more liquid assets than relative to current liabilities