In December

2018,

Apple had cash of

$85.99

billion, current assets of

$140.55

billion, and current liabilities of

$108.41

billion. It also had inventories of

$4.99

billion.

a. What was Apple's current ratio?

b. What was Apple's quick ratio?

c. In January

2019,

Hewlett-Packard had a quick ratio of

0.55

and a current ratio of

0.78.

What can you say about the asset liquidity of Apple relative to Hewlett-Packard?