In April 2013, Apple had cash of $39.14 billion, current assets of $63.34 billion, and current liabilities
Question:
a. What was Apple's current ratio?
b. What was Apple's quick ratio?
c. In April 2013, Dell had a quick ratio of 1.13 and a current ratio of 1.19. What can you say about the asset liquidity of Apple relative to Dell?
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a Apples current ratio 6334 3551 178 b Apples quick r...View the full answer
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Related Book For 
Fundamentals Of Corporate Finance
ISBN: 9780133507676
3rd Edition
Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford
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