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In April2013, Apple had cash of $ 39.14$39.14billion, current assets of $ 63.34$63.34billion, and current liabilities of $ 35.51$35.51billion. It also had inventories of $
In April2013, Apple had cash of $ 39.14$39.14billion, current assets of $ 63.34$63.34billion, and current liabilities of $ 35.51$35.51billion. It also had inventories of $ 1.25$1.25billion.a. What wasApple's currentratio?b. What wasApple's quickratio?c. In April2013, Dell had a quick ratio of 1.131.13and a current ratio of 1.191.19. What can you say about the asset liquidity of Apple relative toDell?
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