Question: The current assets and current liabilities for Apple Inc and

The current assets and current liabilities for Apple Inc. and Dell, Inc., are shown as follows at the end of a recent fiscal period:


*These represent prepaid expense and other nonquick current assets.
a. Determine the quick ratio for both companies.
b. Interpret the quick ratio difference between the twocompanies.
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  • CreatedFebruary 28, 2014
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