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Show Me How eBook PLE Calculator Quick ratio Adieu Company reported the following current assets and current liabilities for two recent years: Dec. 31, 2014

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Show Me How eBook PLE Calculator Quick ratio Adieu Company reported the following current assets and current liabilities for two recent years: Dec. 31, 2014 Dec 31, 20Y3 Cash $960 $1,000 Temporary investments 1,100 1,500 Accounts receivable 820 950 Inventory 2,100 2,500 Accounts payable 1,800 2,300 a. Compute the quick ratio on December 31 for each year. Round to one decimal place. 2014 2013 Quick Ratio b. Is the quick ratio improving or declining

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