In December 2018, Apple had cash of $86.37 billion, current assets of $141.09 billion, and current liabilities of $108.58 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?

a. What was Apple's current ratio?

Apple's current ratio was ____. (Round to two decimal places.)