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
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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.

Pfin (with Mindtap, 1 Term Printed Access Card) (mindtap Course List)

7th Edition

ISBN:9780357033609

Author:Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk

Publisher:Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk

Chapter11: Investment Planning

Section: Chapter Questions

Problem 7FPE: Using the Value Line Investment Survey report in Exhibit 11.5, find the following information for...

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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.

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