In December

$20182018,$

Apple had cash of

$ $86\mathrm{.}01$$$86\mathrm{.}01$

$$billion$,$ current assets of

$ $140\mathrm{.}89$$$140\mathrm{.}89$

$$billion$,$ and current liabilities of

$ $108\mathrm{.}29$$$108\mathrm{.}29$

billion. It also had inventories of

$ $4\mathrm{.}99$$$4\mathrm{.}99$

billion.

a$.$ What was$$ Apple's current$$ ratio?

b$.$ What was$$ Apple's quick$$ ratio?

c$.$ In January

$20192019,$

$$Hewlett$-$Packard had a quick ratio of

$0\mathrm{.}550\mathrm{.}55$

and a current ratio of

$0\mathrm{.}780\mathrm{.}78.$

What can you say about the asset liquidity of Apple relative to$$ Hewlett$-$Packard?

Question content area bottom

Part $1$

a$.$ What was$$ Apple's current$$ ratio?

$$Apple$\text{'}$s current ratio was

enter your response here.

$($Round to two decimal$$ places.$)$