Maurice Tutor

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    Argosy University/ Phoniex University/
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    Phoniex University
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Category > Management Posted 01 Nov 2017 My Price 4.00

short-term investments

In mid-2012, Apple had cash and short-term investments of $27.65 billion, accounts receivable of $14.30 billion, current assets of $51.94 billion, and current liabilities of $33.06 billion.

a. What was Apple’s current ratio?

b. What was Apple’s quick ratio?

c. What was Apple’s cash ratio?

d. In mid-2012, Dell had a cash ratio of 0.67, a quick ratio of 1.11 and a current ratio of 1.35.

What can you say about the asset liquidity of Apple relative to Dell?

 

 
 

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Maurice Tutor
(5)
Status NEW Posted 01 Nov 2017 03:11 PM My Price 4.00

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