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

In December 2021, Apple had cash of $61.16billion, current assets of $135.46billion, and current liabilities of $125.99 billion. It also had inventories of $7.17 billion.
a. What was Apple's current ratio?
b. What was Apple's quick ratio?
c. In October 2021, Hewlett dash Packard had a quick ratio of 0.48 and a current ratio of 0.77. What can you say about the asset liquidity of Apple relative to Hewlett dash Packard?
Question content area bottom
Part 1
a. What was Apple's current ratio?
Apple's current ratio was
enter your response here. (Round to two decimal places.)

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