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In December 2 0 2 1 , Apple had cash of $ 6 0 . 4 1 billion, current assets of $ 1 3 2

In December 2021, Apple had cash of $60.41 billion, current assets of $132.69 billion, and current liabilities
of $125.78 billion. It also had inventories of $5.89 billion.
a. What was Apple's current ratio?
b. What was Apple's quick ratio?
c. In October 2021, Hewlett-Packard had a quick ratio of 0.48 and a current ratio of 0.74. What can you say
about the asset liquidity of Apple relative to Hewlett-Packard?
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