Quick ratio Adieu Company reported the following current assets and current liabilities for two recent years: Dec. 31, 20Y4 Dec. 31, 20Y3 Cash Temporary investments Accounts receivable Inventory Accounts payable $1,090 $1,080 1,100 1,500 810 920 2,300 2,000 2,700 2,500 a. Compute the quick ratio on December 31 for each year. Round to one decimal place. 20Y4 20Y3 Quick Ratio 1.6 X 1.5 X