Quick ratio Adieu Company reported the following current assets and current liabilities for two recent years: a. Compute the quick ratio on December 31 for each year. Round to one decimal place. b. Is the quick ratio improving or declining? DecliningImproving .

1. Quick ratio
Adieu Company reported the following current assets and current liabilities for two recent years:
a. Compute the quick ratio on December 31 for each year. Round to one decimal place.
b. Is the quick ratio improving or declining?
DecliningImproving
Dec. 31, 20Y4 Dec. 31, 20Y3
Cash $950 $890
Temporary investments 1,200 1,400
Accounts receivable 850 930
Inventory 2,200 2,500
Accounts payable 2,000 2,300