1. Adieu Company reported the following current assets and current liabilities for two recent years:

   	Dec. 31, 20Y4		Dec. 31, 20Y3
   Cash	$820		$1,060
   Temporary investments	1,200		1,400
   Accounts receivable	830		900
   Inventory	2,200		2,600
   Accounts payable	1,900		2,400

   a. Compute the quick ratio on December 31 for each year. Round to one decimal place.

   	20Y4		20Y3
   Quick Ratio	fill in the blank 1		fill in the blank 2

   b. Is the quick ratio improving or declining?

   DecliningImproving