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Please Answer A , B , andC!! In December 2 0 1 5 , Apple had cash of $ 3 8 . 2 7 billion,

Please Answer A, B, andC!!
In December 2015, Apple had cash of $38.27 billion, current assets of $75.95 billion, and current liabilities of $76.54 billion. It also had
inventories of $2.45 billion.
a. What was Apple's current ratio?
b. What was Apple's quick ratio?
c. In January 2016, Hewlett-Packard had a quick ratio of 0.66 and a current ratio of 0.90. 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.)
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