The current assets and current liabilities for Apple Inc. and Dell, Inc., are shown as follows at the end of a recent fiscal period:

||Particulars||Apple Inc. (in millions)||Dell, Inc. (in millions)

|Current assets: | |

|Cash and cash equivalents|$10,746|$12,569

|Short-term investments|$18,383|$208

|Accounts receivable|$21,275|$9,842

|Inventories|$791|$1,382

|Other current assets|$6,458|$3,967

|Total current assets|$57,653|$27,968

|Current liabilities: | |

|Accounts payable|$32,589|$15,223

|Accrued and other current liabilities|$5,953|$8,216

|Total current liabilities|$38,542|$23,439

a. Determine the quick ratio for both companies.

b. Which company has a stronger relative cash and short-term investment position?

Please do not copy from Chegg. I need an original answer with a proper explanation with step by step explanation.