uick ratio Adieu Company reported the following current assets and current liabilities for two recent...
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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 $920 $1,090 Temporary investments 1,100 1,500 Accounts receivable 830 910 Inventory 2,100 2,700 Accounts payable 1,900 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 1.6 fill in the blank 2 1.5 b. Is the
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