Quick Ratio Gmeiner Co. had the following current assets and liabilities on December 31 of two recent years: Current Year Previous Year Current assets: Cash Accounts receivable $622,000 551,000 340,000 $575,000 270,000 228,000 Inventory Total current assets $1,513,000 $1,073,000 Current liabilities: $98,000 Current portion of long-term debt Accounts payable Accrued and other current liabilities Total current liabilities $110,000 221,000 359,000 $690,000 195,000 357,000 $650,000 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