Wal Mart Stores Inc (WMT) operates over retail stores throughout the world In contrast, Alphabet Inc (GOOG) is a technology company, formerly known as Google, that provides a variety of online services 1 Using the following data (in millions) adapted from financial statements of a recent year, compute the quick ratios for Wal mart and Alphabet Round to two decimal places 2 Explain the results in (2) Alphabet (Google)Wal Mat Current assets Quick assets Total current liabilities $72,886 67,699 $63,278 15,913 65,272 15,908

Question: Wal-Mart Stores Inc. (WMT) operates over retail stores throughout the world. In contrast, Alphabet Inc. (GOOG) is a technology company, formerly known as Google, that

Wal-Mart Stores Inc. (WMT) operates over retail stores throughout the world. In contrast, Alphabet Inc. (GOOG) is a technology company, formerly known as Google, that provides a variety of online services.
1. Using the following data (in millions) adapted from of a recent year, compute the quick ratios for Wal-mart and Alphabet. Round to two decimal places.

2. Explain the results in (2).

Alphabet (Google)Wal-Mat Current assets Quick assets Total current liabilities $72,886 67,699 $63,278 15,913 65,272 15,908

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