Question: The current assets and current liabilities for Apple Inc. and HP, Inc., are as follows at the end of a recent fiscal period: *These represent

 The current assets and current liabilities for Apple Inc. and HP,

The current assets and current liabilities for Apple Inc. and HP, Inc., are as follows at the end of a recent fiscal period: *These represent prepaid expense and other nonquick current assets. Details a. Determine the quick ratio for both companies. Round to one decimal place. b. Interpret the quick ratio difference between the two companies

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