Question: please make sure the answer is showing, thanks Quick ratio Adieu Company reported the following current assets and current liabilities for two recent years: Dec.

please make sure the answer is showing, thanks please make sure the answer is showing, thanks Quick ratio Adieu Company

Quick ratio Adieu Company reported the following current assets and current liabilities for two recent years: Dec. 31, 2014 Dec. 31, 20Y3 Cash $960 $790 1,200 1,500 840 Temporary investments Accounts receivable Inventory Accounts payable 930 2,200 2,700 2,000 2,300 a. Compute the quick ratio on December 31 for each year. Round to one decimal place. 2014 20Y3 Quick Ratio b. Is the quick ratio improving or declining

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