In december 2015, apple had cash of $38.07 billion, current assets of $76.22 billion, and current liabilities of $76.09 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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