Quick ratio Adieu Company reported the following current assets and current liabilities for two recent years: Dec. 31, 20Y4 Dec. 31, 2013 Cash Temporary investments Accounts receivable Inventory Accounts payable $1,180 $1,330 1,200 1,500 820 920 2,100 2,700 2,000 2,500 a. Compute the quick ratio on December 31 for each year. Round to one decimal place. 20Y4 Quick Ratio 20Y3 b. Is the quick ratio improving or declining?