The current assets and current liabilities for Apple Computer, Inc., and Dell Inc. are shown as follows at the end of a recent fiscal period:

a. Determine the quick ratio for both companies.
b. Interpret the quick ratio difference between the twocompanies.

Apple Computer, Inc. (In millions) Sept. 24, 2005 Dell Inc. (In millions) Feb. 3, 2006 Current assets: Cash and cash equivalents Short-term investments Accounts receivable Inventories Other current assets 3,491 4,770 895 165 979 10,300 7,042 2,016 4,089 576 3,983 $17,706 Total current assets Current liabilities: Accounts payable Accrued and other current liabilities 1,779 1,705 S 3,484 9,840 6,087 $15,927 Total current liabilities These represent prepaid expense and other nonquick current assets