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At the end of? 2015, Apple had cash and? short-term investments of $42.01 ?billion, accounts receivable of $36.18 ?billion, current assets of $89.51 ?billion, and current liabilities of $80.29 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? 2015, HPQ had a cash ratio of 0.31?, a quick ratio of 0.75 and a current ratio of 1.14.
What can you say about the asset liquidity of Apple relative to? HPQ?
FNS40815 FINANCE AND MORTGAGE BROKING - ASSESSMENT TASKS.
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