Question
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
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? (Select the best choice below.)
A. Apple's higher current and quick ratios demonstrate that it has much lower asset liquidity than does Dell. This means that in a pinch, Apple has more liquidity to draw on than does Dell.
B.Apple's higher current and quick ratios demonstrate that it has much higher asset liquidity than does Dell. This means that in a pinch, Apple has less liquidity to draw on than does Dell.
C. Apple's higher current and quick ratios demonstrate that it has much higher asset liquidity than does Dell. This means that in a pinch, Apple has more liquidity to draw on than does Dell.
D. Apple's lower current and quick ratios demonstrate that it has much higher asset liquidity than does Dell. This means that in a pinch, Apple has more liquidity to draw on than does Dell.
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Liquidity Risk Management In Banks Economic And Regulatory Issues
Authors: Roberto Ruozi, Pierpaolo Ferrari
1st Edition
3642295800, 978-3642295805
