Asset liquidity of apple relative to hewlett-packard

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Reference no: EM131818334

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?

Reference no: EM131818334

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