Find the current and quick ratios

Reference no: EM1348938

In 2007, Apple had cash of $7.12 billion, current assets of $18.75 billion, current liabilities of $6.99 billion, and inventories of 0.25 billion.

a. What was Apple's current ratios?
b. What was Apple's quick ratios?
c. In July 2007, Dell had a quick ratio of 1.25 and a current ratio of 1.30. What can you say about the asset liquidity of Apple relative to Dell?

Reference no: EM1348938

Questions Cloud

Values of carlos ghosn concerning leadership : Organizational Change - Explain what are the beliefs and values of Carlos Ghosn concerning leadership and change?

Advantage of connecting outer conductor to ground : Coaxial cable is two-wire transmission system, determine the advantage of connecting outer conductor to ground? Explain the two layers: LLC & MAC.

What would be the inflation rate be in the us : If the exchange rate at the end of the year is 105 yens for a dollar then what would be the inflation rate be in the US.

Find the maximum velocity of the parcel in the tunnel : assume a spherical planet P has a uniform density of 4.72*10^3 kg/m^3 and a radius R=3604 km. For a parcel that weighs 64 N on the surface of the (spherical) earth.

Find the current and quick ratios : In 2007, Apple had cash of $7.12 billion, current assets of $18.75 billion, current liabilities of $6.99 billion, and inventories of 0.25 billion.

Organizational barriers to change : There are various reasons for these behaviors; called barriers to change and One such barrier results when people have vested interests in the status quo. True or false?

Some economists prefer to use term business fluctuations : Some economists prefer to use the term businessfluctuations rather than business cycles toSome economists prefer to use the term business fluctuations rather than business cycles to discuss the historical growth record in the united states because..

Find the speed of the golf ball just after impact : The length of a string is 456 cm. It is held ?xed at each end. The string vibrates in three sections; i.e., the string has three antinodes and string vibrates at 180 Hz.

Organizational development consultant role : Show the range of process intervention tools available to use and how each is used to manage conflict during the change

User Account

All Pages