In December

$20212021,$

AppleApple

had cash of

$$$$60\mathrm{.}5760\mathrm{.}57$

$$billion$,$ current assets of

$$$$134\mathrm{.}12134\mathrm{.}12$

$$billion$,$ and current liabilities of

$$$$123\mathrm{.}94123\mathrm{.}94$

billion. It also had inventories of

$$$$7\mathrm{.}367\mathrm{.}36$

billion.

a$.$ What was

AppleApple$\text{'}$s

current$$ ratio?

b$.$ What was

AppleApple$\text{'}$s

quick$$ ratio?

c$.$ In October

$20212021,$

Hewlett dash PackardHewlett$-$Packard

had a quick ratio of

$0\mathrm{.}490\mathrm{.}49$

and a current ratio of

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

What can you say about the asset liquidity of

AppleApple

relative to

Hewlett dash PackardHewlett$-$Packard$?$

Question content area bottom

Part $1$

a$.$ What was

AppleApple$\text{'}$s

current$$ ratio?

AppleApple$\text{'}$s

current ratio was

enter your response here.

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