Business
Business, 07.04.2020 21:30, ejcastilllo

At the end of 2017, Apple had cash and short-term investments of $ 74.48 billion, accounts receivable of $ 17.58 billion, current assets of $ 128.78 billion, and current liabilities of $ 101.27 billion. a. What was Apple's current ratio? b. What was Apple's quick ratio? c. What was Apple's cash ratio? d. At the end of 2017, HPQ had a cash ratio of 0.33, a quick ratio of 0.54 and a current ratio of 0.96. What can you say about the asset liquidity of Apple relative to HPQ?

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At the end of 2017, Apple had cash and short-term investments of $ 74.48 billion, accounts receivabl...

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