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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 $1,280 $1,300
uick ratio Adieu Company reported the following current assets and current liabilities for two recent years: Dec. 31, 20Y4 Dec. 31, 20Y3 Cash $1,280 $1,300 Temporary investments 1,100 1,500 Accounts receivable 820 950 Inventory 2,300 2,500 Accounts payable 2,000 2,500 a. Compute the quick ratio on December 31 for each year. Round to one decimal place. 20Y4 20Y3 Quick Ratio fill in the blank 1 fill in the blank 2 b. Is the quick ratio improving or declining
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