Walmart Stores Inc. operates over 10,000 retail stores throughout the world. In contrast, Google Inc. is a technology company that provides a variety of online services.
1. Do you think Walmart or Google has a higher current ratio?
2. Do you think Walmart or Google has a higher quick ratio?
3. Using the following data (in millions) adapted from financial statements of a recent year, compute the current and quick ratios for Walmart and Google. Round to one decimal place.

4. Explain the results in(3).

Transcribed Image Text:

Walmart Google Inc. Current assets Quick assets Total current liabilities $54,975 12,487 62,300 $52,758 44,626 14,429