PLEASE DO NOT USE AI FOR THIS.

Using Apples financial statement information , write a one-page memo to the management team responding to the question below:

• Using current assets as a percent of total assets to measure liquidity, did Apple's asset makeup become more liquid or less liquid in 2019? Explain your answer.

Include a brief overview of the ratio current assets as a percent of total assets and its purpose.

Be sure to use APA formatting and cite your sources, demonstrating your understanding of the course topics. Review the grading rubric to understand how you will be graded on this assignment.