Quick ratio Adieu Company reported the following current assets and current liabilities for two recent years: Dec. 31, 20Y4 Dec. 31, 20Y3 $1,040 $1,280 1,200 1,400 800 920 Cash Temporary investments Accounts receivable Quick Ratio Inventory Accounts payable a. Compute the quick ratio on December 31 for each year. Round to one decimal place. 2,200 1,900 20Y4 2,700 2,400 20Y3

Quick ratio Adieu Company reported the following current assets and current liabilities for two recent years: a. Compute the quick ratio on December 31 for each year. Round to one decimal place