Answered step by step
Verified Expert Solution
Link Copied!

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!
image text in transcribed
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

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Handbook Of Anti Money Laundering

Authors: Dennis Cox

1st Edition

0470065745, 978-0470065747

More Books

Students also viewed these Finance questions

Question

In what area of the United States do we find rich coal deposits?

Answered: 1 week ago