Gmeiner Co. had the following current assets and liabilities on December 31 of two recent years:

				Current Year		Previous Year
Current assets:
	Cash			$483,000		$771,000
	Accounts receivable			429,000		363,000
	Inventory			264,000		306,000
		Total current assets		$1,176,000		$1,440,000
Current liabilities:
	Current portion of long-term debt			$91,000		$81,000
	Accounts payable			182,000		162,000
	Accrued and other current liabilities			297,000		297,000
		Total current liabilities		$570,000		$540,000

a. Determine the quick ratio for December 31 of both years. If required, round your answers to one decimal place.

	Quick Ratio
Previous year:
Current year:

b. How did the quick ratio change between the two balance sheet dates?