In December 2018, Apple had cash of $86.43 billion, current assets of $140.49 billion, and current liabilities of $108.13 billion. It also had inventories of $4.99 billion.a. What was Apple's current ratio?b. What was Apple's quick ratio?c. In January 2019, Hewlett-Packard had a quick ratio of 0.55 and a current ratio of 0.78. 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 enter your response here. (Round to two decimal places.)Part 2b. What was Apple's quick ratio?Apple's quick ratio was enter your response here. (Round to two decimal places.)Part 3c. In January 2019, Hewlett-Packard had a quick ratio of 0.55 and a current ratio of 0.78. What can you say about the asset liquidity of Apple relative to Hewlett-Packard? (Select the best choice below.)A.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 to draw on than does Hewlett-Packard.B.Apple's higher 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 liquidity to draw on than does Hewlett-Packard.C.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 liquidity to draw on than does Hewlett-Packard.D.Apple's higher current and quick ratios demonstrate that it has much higher asset liquidity than does Hewlett-Packard. This means that in a pinch, Apple has less liquidity to draw on than does Hewlett-Packard. In December 2018, Apple had cash of $86.43 billion, current assets of $140.49 billion, and current liabilities of $108.13 billion, It also had inventories of $4.99 billion.a. What was Apple's current ratio?b. What was Apple's quick ratio?c. In January 2019, Hewlett-Packard had a quick ratio of 0.55 and a current ratio of 0.78. What can you say about the asset liquidity of Apple relative to Hewlett-Packard?I assetset turnovound to tva. 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.)decimal pc. In January 2019, Hewlett-Packard had a quick ratio of 0.55 and a current ratio of 0.78. What can you say about the asset liquidity of Apple relative to Hewlett-Packard? (Selectthe best choice below.)O A. 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 liquidityto draw on than does Hewlett-Packard.O B. Apple's higher 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 liquidityto draw on than does Hewlett-Packard.decimal plO C. 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 liquidityto draw on than does Hewlett-Packard.O D. Apple's higher current and quick ratios demonstrate that it has much higher asset liquidity than does Hewlett-Packard. This means that in a pinch, Apple has less liquidityto draw on than does Hewlett-Packard.

Name: In December 2018, Apple had cash of $86.43 billion, current assets of
Uploaded: 2022-11-18T00:26:54.000Z
Channel: Bartleby
Description: In December 2018, Apple had cash of $86.43 billion, current assets of $140.49 billion, and current liabilities of $108.13 billion. It also had inventories of $4.99 billion.a. What was Apple's current ratio?b. What was Apple's quick ratio?c. In Januar

Given: Particulars 2015 Cash 38.07 Billions Current assets 76.22 Billions Current…

In December 2018, Apple had cash of $86.43 billion, current assets of $140.49 billion, and current liabilities of $108.13 billion. It also had inventories of $4.99 billion. a. What was Apple's current ratio? b. What was Apple's quick ratio? c. In January 2019, Hewlett-Packard had a quick ratio of 0.55 and a current ratio of 0.78. 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 enter your response here . (Round to two decimal places.) Part 2 b. What was Apple's quick ratio? Apple's quick ratio was enter your response here . (Round to two decimal places.) Part 3 c. In January 2019, Hewlett-Packard had a quick ratio of 0.55 and a current ratio of 0.78. What can you say about the asset liquidity of Apple relative to Hewlett-Packard? (Select the best choice below.) A. 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 to draw on than does Hewlett-Packard. B. Apple's higher 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 liquidity to draw on than does Hewlett-Packard. C. 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 liquidity to draw on than does Hewlett-Packard. D. Apple's higher current and quick ratios demonstrate that it has much higher asset liquidity than does Hewlett-Packard. This means that in a pinch, Apple has less liquidity to draw on than does Hewlett-Packard.

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

See similar textbooks

Related questions

Question

100%

Practice Pack

In December 2018, Apple had cash of $86.43 billion, current assets of $140.49 billion, and current liabilities of $108.13 billion. It also had inventories of $4.99 billion. a. What was Apple's current ratio? b. What was Apple's quick ratio? c. In January 2019, Hewlett-Packard had a quick ratio of 0.55 and a current ratio of 0.78. 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 enter your response here . (Round to two decimal places.) Part 2 b. What was Apple's quick ratio? Apple's quick ratio was enter your response here . (Round to two decimal places.) Part 3 c. In January 2019, Hewlett-Packard had a quick ratio of 0.55 and a current ratio of 0.78. What can you say about the asset liquidity of Apple relative to Hewlett-Packard? (Select the best choice below.) A. 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 to draw on than does Hewlett-Packard. B. Apple's higher 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 liquidity to draw on than does Hewlett-Packard. C. 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 liquidity to draw on than does Hewlett-Packard. D. Apple's higher current and quick ratios demonstrate that it has much higher asset liquidity than does Hewlett-Packard. This means that in a pinch, Apple has less liquidity to draw on than does Hewlett-Packard.

Expert Solution

Trending now

This is a popular solution!

Learn your way

Includes step-by-step video

Step by step

Solved in 2 steps with 2 images

SEE SOLUTION Check out a sample Q&A here

Knowledge Booster

Learn more about

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, finance and related others by exploring similar questions and additional content below.