2024 – In mid 2012 Apple had cash and short term investments of 27 65 billion accounts receivable of 14 30 billion current assets
In Mid-2012, Apple Had Cash And Short-term Investments Of $27.65 Billion, – 2024
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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. |
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a. What was Apple’s current ratio? |
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b. What was Apple’s quick ratio? |
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c. What was Apple’s cash ratio? |
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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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