Show Me How Quick Ratio Aloha Company reported the following current assets and liabilities for December 31 for two recent years: Cash Temporary investments Accounts receivable Inventory Accounts payable Required: Dec. 31, Current Year Dec. 31, Previous Year $1,760 $1,680 2,130 2,090 1,430 1,330 3,880 3,420 2,800 3,400 a. Compute the quick ratio on December 31 of both years. If required, round your answers to one decimal place. December 31, current year December 31, previous year Quick Ratio b. Is the quick ratio improving or declining? Check My Work Next 00