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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Social Studies

Gigi

20 March, 09:26

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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Corey · Answer 1

In January 2016 , Hewlett-Packard had a quick ratio of 0.66 and a current ratio of 0.90. The statement about the asset liquidity of Apple relative to Hewlett-Packard is as follow:

Apple's higher current and quick ratios demonstrate that it has much higher asset liquidity than does Hewlett-Packard. This means that in a pinch, Apple has more liquidity to draw on than does Hewlett-Packard.