dieu Company reported the following current assets and current liabilities for two recent years:

	Dec. 31, 20Y4		Dec. 31, 20Y3
Cash	$1,090		$1,020
Temporary investments	1,100		1,400
Accounts receivable	810		940
Inventory	2,300		2,500
Accounts payable	2,000		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?

Quick ratio Adieu Company reported the following current assets and current liabilities for two recent years: Dec. 31, 2014 Dec 31, 2013 Cash $1,090 $1,020 Temporary Investments 1.100 1,400 Accounts receivable 810 940 Inventory 2,300 2,500 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 X Ratio b. is the quick ratio improving or declining? Improving Feedback Partially correct