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Adieu Company reported the following current assets and current abilities for two recent years: Dec 31, 2014 Dec 31, 2013 Cash $990 $930 Temporary investments

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Adieu Company reported the following current assets and current abilities for two recent years: Dec 31, 2014 Dec 31, 2013 Cash $990 $930 Temporary investments 1,200 1,500 Accounts receivable 810 930 Inventory 2,200 2,700 Accounts payable 2,000 2,400 a. Compute the quick ratio on December 31 for each year. Round to one decimal place 2014 2013 Quick Ratio b. Is the quick ratio improving or declining? Improving Feeds Check My Wine Partially corred

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