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AfilCa
4 days ago
5

At the end of 2017​, Apple had cash and​ short-term investments of $ 74.48 ​billion, accounts receivable of $ 17.58 ​billion, cu

rrent assets of $ 128.78 ​billion, and current liabilities of $ 101.27 billion. a. What was​ Apple's current​ ratio? b. What was​ Apple's quick​ ratio? c. What was​ Apple's cash​ ratio? d. At the end of 2017​, HPQ had a cash ratio of 0.33​, a quick ratio of 0.54 and a current ratio of 0.96. What can you say about the asset liquidity of Apple relative to​ HPQ?
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