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

(a) Determine the quick ratio for both companies.(b) Interpret the quick ratio difference between the twocompanies.

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Apple Computer, Inc. (In millions) Sept. 29, 2007 Dell Inc. (In millions) Feb. 2, 2007 Current assets: Cash and cash equivalents $ 9,352 6,034 4,029 $ 9,546 752 Short-term investments Accounts receivable 6,152 Inventories 346 660 2,195 2,829 $19,939 Other current assets* Total current assets $21,956 Current liabilities: $ 4,970 4,329 Accounts payable $10,430 7,361 Accrued and other current liabilities $ 9,299 Total current liabilities $17,791 *These represent prepaid expense and other nonquick current assets.