Question: 11.6 The current assets and current liabilities for Apple Inc. and Dell, Inc., are shown as follows at the end of a recent fiscal period:

11.6

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

a. Determine the quick ratio for both companies. If required, round your answers to one decimal place.

Quick Ratio

Apple Inc.:

Dell Inc.:

b. Which company has a stronger relative cash and short-term investment position?

SelectAppleDell

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