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uick ratio Adieu Company reported the following current assets and current liabilities for two recent years: Dec. 31, 20Y4 Dec. 31, 20Y3 Cash $800 $1,030
uick ratio Adieu Company reported the following current assets and current liabilities for two recent years: Dec. 31, 20Y4 Dec. 31, 20Y3 Cash $800 $1,030 Temporary investments 1,100 1,400 Accounts receivable 800 930 Inventory 2,100 2,700 Accounts payable 1,800 2,400 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
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