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1)In December 2015, Apple had cash of $37

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1)In December 2015, Apple had cash of $37.87 billion, current assets of $76.68 billion, and current liabilities of $75.79 billion. It also had inventories of $2.45 billion. a. What was Apple's current ratio? b. What was Apple's quick ratio? c. In January 2016, Hewlett-Packard had a quick ratio of 0.66 and a current ratio of 0.90. 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.

2)JPJ Corp has sales of $1.46 million, accounts receivable of $49,000, total assets of $5.21 million (of which $3.15 million are fixed assets), inventory of $148,000, and cost of goods sold of $600,000. What is JPJ's accounts receivable days? Fixed asset turnover? Total asset turnover? Inventory turnover? What is JPJ's accounts receivable days? JPJ's accounts receivable days are days.

3) A relevant cash flow can best be described as... a cash flow that is generated from a sale but not from a cost. The difference between a firm's future cash flow with and without the project. the difference between a firms accounting profit and depreciation. any cash flow of the firm. QUESTION 2 Which of the following cash flows are not relevant to analysing a project? O side-effects opportunity cost financing costs normal cash flow item.