1. Quick ratio

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

   	Dec. 31, 20Y4		Dec. 31, 20Y3
   Cash	$840		$970
   Temporary investments	1,200		1,400
   Accounts receivable	840		930
   Inventory	2,300		2,700
   Accounts payable	1,800		2,200

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

   	20Y4		20Y3
   Quick Ratio

   b. Is the quick ratio improving or declining?

   Declining or Improving