In December 2015​, Apple had cash of $37.98 billion, currentassets of $76.66 billion, and current liabilities of $76.12billion. It also had inventories of $2.45 billion.
a. What was​ Apple's current​ ratio?
b. What was​ Apple's quick​ ratio?
c. In January 2016​, ​Hewlett-Packard had a quick ratio of 0.66and a current ratio of 0.90
What can you say about the asset liquidity of Apple relativeto​Hewlett-Packard?
