At the end of 2017, Apple had cash and short-term investments of $74.62 billion, accounts receivable...

 

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At the end of 2017, Apple had cash and short-term investments of $74.62 billion, accounts receivable of $17.66 billion, current assets of $128.21 billion, and current liabilities of $100.49 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 2017, HPQ had a cash ratio of 0.41, a quick ratio of 0.65 and a current ratio of 0.97. What can you say about the asset liquidity of Apple relative to HPQ? a. What was Apple's current ratio? The current ratio is b. What was Apple's The quick ratio is c. What was Apple's The cash ratio is (Round to two decimal places.) quick ratio? (Round to two decimal places.) cash ratio? (Round to two decimal places.) d. At the end of 2017, HPQ had a quick ratio of 0.65 and a current ratio of 0.97. What can you say about the asset liquidity of Apple relative to HPQ? (Select from the drop-down menus.) At the end of 2017, Apple had cash and short-term investments of $74.62 billion, accounts receivable of $17.66 billion, current assets of $128.21 billion, and current liabilities of $100.49 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 2017, HPQ had a cash ratio of 0.41, a quick ratio of 0.65 and a current ratio of 0.97. What can you say about the asset liquidity of Apple relative to HPQ? a. What was Apple's current ratio? The current ratio is b. What was Apple's The quick ratio is c. What was Apple's The cash ratio is (Round to two decimal places.) quick ratio? (Round to two decimal places.) cash ratio? (Round to two decimal places.) d. At the end of 2017, HPQ had a quick ratio of 0.65 and a current ratio of 0.97. What can you say about the asset liquidity of Apple relative to HPQ? (Select from the drop-down menus.)

Answer rating: 100% (QA)

a Apples current ratio can be calculated as follows Current Ratio Current Assets Cur... View the full answer