Answered step by step
Verified Expert Solution
Question
1 Approved Answer
please help me understand all parts to this question. thank you for your time! In December 2018, Apple had cash of $86.13 billion, current assets
please help me understand all parts to this question. thank you for your time!
In December 2018, Apple had cash of $86.13 billion, current assets of $141.13 billion, and current liabilities of $108.33 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 curtent ratio of 0.78 . What can you say about the asset liquidity of Apple relative fo Hewlett-Packard Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started