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In December 2021, Apple had cash of $62.84 billion, current assets of $135.99 billion, and current liabilities of $124.61 billion. It also had inventories of
In December 2021, Apple had cash of $62.84 billion, current assets of $135.99 billion, and current liabilities of $124.61 billion. It also had inventories of $6.24 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 0.53 and a current ratio of 0.79 . What can you say about the asset liquidity of Apple relative to Hewlett-Packard
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