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At the end of 2015, Apple had cash and short-term investments of$41.60 billion, accounts receivable of $35.89 billion, currentassets of $89.38 billion, and current liabilities of $80.61billiona. 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 2015, HPQ had a cash ratio of 0.35, a quickratio of 0.73 and a current ratio of 1.15. What can you say aboutthe asset liquidity of Apple relative to HPQ?
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