Austin Technology Co. had the following current assets and liabilities for two comparative years:

(a) Determine the quick ratio for December 31, 2010 and 2009.(b) Interpret the change in the quick ratio between the two balance sheetdates.

Dec. 31, 2009 Dec. 31, 2010 Current assets: $ 448,000 410,000 180,000 Cash $370,000 400,000 220,000 Accounts receivable Inventory Total current assets $990,000 $1,038,000 Dec. 31, 2010 Dec. 31, 2009 Current liabilities: $ 100,000 200,000 360,000 $ 660,000 Current portion of long-term debt Accounts payable $110,000 220,000 370,000 Accrued and other current liabilities Total current liabilities $700,000