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In December 2015, Apple had cash of $ 37.87 billion, current assets of $ 76.62...

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Finance

In December 2015, Apple had cash of $ 37.87 billion, current assets of $ 76.62 billion, and current liabilities of $ 75.78 billion. 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 0.66 and a current ratio of 0.90. What can you say about the asset liquidity of Apple relative to Hewlett-Packard?

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