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In December 2021 , Apple had cash of $82.84 billion, current assets of $133.71 billion, and current liabilities of $123.02 billion. It also had inventories

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In December 2021 , Apple had cash of $82.84 billion, current assets of $133.71 billion, and current liabilities of $123.02 billion. It also had inventories of $8.54 billion. a. What was Apple's current ratio? b. What was Apple's quick ratio? c. In October 2021, Hewlett-Packard had a quick ratio of 0.51 and a current ratio of 0.79 . What can you say about the asset liquidity of Apple relative to Hewlett-Packard? a. What was Apple's current ratio? Apple's current ratio was (Round to two decimal places.) b. What was Apple's quick ratio? Apple's quick ratio was (Round to two decimal places.) c. In October 2021, Hewlett-Packard had a quick ratio of 0.51 and a current ratio of 0.79 . What can you sary about the asset liquidity of Apple relative to Hewlett-Packard? choice below.) A. Apple's higher current and quick ratios demonstrate that it has much higher asset liquidity than does Hewwett-Packard. This means that in a pinch, Apple has more liquidit does Hewlett-Packard. B. Apple's higher current and quick ratios demonstrate that it has much higher asset liquidity than does Hewlet-Packard. This means that in a pinch, Apple has less liquidity does Hewlett-Packard. C. Apple's higher current and quick ratios demonstrate that it has much lower asset liquidity than does Hewlett-Packard. This means that in a pinch, Apple has more liquidity does Hewlett-Packard. D. Apple's lower current and quick ratios demonstrate that it has much higher asset liquidity than does Hewlett-Packard. This means that in a pinch, Apple has more liquidit does Hewlett-Packard

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