Wal-Mart Stores Inc. (WMT) operates over retail stores throughout the world. In contrast, Alphabet Inc. (GOOG) is

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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.
Wal-Mart Stores Inc. (WMT) operates over retail stores throughout the

2. Explain the results in (2).

Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...
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