Question: Current ratios and some related data for Apple Inc. in the last two fiscal years are as follows: 2 0 1 2 2 0 1

Current ratios and some related data for Apple Inc. in the last two fiscal years are as follows:
20122013Current Ratio1.501.68Net Sales ($ millions)156,508170,910Cash & Equivalents ($ millions)10,74614,259Short Term Marketable Securities ($ millions)18,38326,287Accounts Receivable, net ($ millions)10,93013,102Other Current Assets ($ millions)17,59419,638Long Term Marketable Securities ($ millions)92,122106,215Current Liabilities ($ millions)38,54243,658Profit Margin ($ millions)26.67%21.67%
What is the best explanation for the increase in the current ratio in 2013?
Long term marketable securities increased significantly
Current liabilities increased by over $5 million.
Current assets continued to grow without a proportionate increase to its liabilities.

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