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In April 2013, Apple had cash of $39.12 billion, current assets of $63.17 billion, and current liabilities of $35.65 billion. It also had inventories of
In April 2013, Apple had cash of $39.12 billion, current assets of $63.17 billion, and current liabilities of $35.65 billion. It also had inventories of $1.25 billion. a. What was Apple's current ratio? b. What was Apple's quick ratio? c. In April 2013, Dell had a quick ratio of 1.13 and a current ratio of 1.19. What can you say about the asset liquidity of Apple relative to Dell
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