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Montreal Electronics Has the Following Data Available Current Liabilities:\text{Current Liabilities:}

question 30

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Montreal Electronics has the following data available:  Current Assets: 20132012 Cash $150$57 Accounts Receivable 9570 Accrued Interest Receivable 1515 lnventery 2060 Prepaid Rent 10 Total Current Assets $290$202\begin{array} { l l l } \text { Current Assets: } & 2013 & \underline { 2012 } \\\hline \text { Cash } & \$ 150 & \$ 57 \\\text { Accounts Receivable } & 95 & 70 \\\text { Accrued Interest Receivable } & 15 & 15 \\\text { lnventery } & 20 & 60 \\\text { Prepaid Rent } & \underline { 10 } & \overline { - } \\\text { Total Current Assets } & \$ 290 & \$ 202\end{array}
Current Liabilities:\text{Current Liabilities:}
 Accounts Payable $90$65 Accrued Wages Payable 2410 Accrued Income Taxes Payable 1612 Accrued Interest Payable 99 Unearned Sales Revenue 5 Current Portion  of Long-Term Notes Payable 80 Total Cument Lizbilities $219$101\begin{array} { l l l } \text { Accounts Payable } & \$ 90 & \$ 65 \\\text { Accrued Wages Payable } & 24 & 10 \\\text { Accrued Income Taxes Payable } & 16 & 12 \\\text { Accrued Interest Payable } & 9 & 9 \\\text { Unearned Sales Revenue } & - & 5 \\\text { Current Portion } & & \\\text { of Long-Term Notes Payable } & 80& - \\\text { Total Cument Lizbilities } & \$ 219 & \$ 101\end{array}
Long-Term Liabilities:\text{Long-Term Liabilities:}
 Notes Payable40120 Total Liabilities $259$221\begin{array}{lccc}\text { Notes Payable} & 40 & 120\\ \text { Total Liabilities } & \$ 259 & \$ 221 \end{array}
What is the quick ratio for Montreal Electronics in 2013? Has the quick ratio improved or not improved since 2012?

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Definitions:

Color Receptors

Specialized cells in the retina of the eye responsible for detecting color through the absorption of light at varying wavelengths.

Wavelengths

The length separating consecutive peaks of a wave, particularly in sound or electromagnetic waves.

Dichromatic Vision

A form of color vision deficiency where a person can perceive only two of the three basic colors.

Afterimages

Visual illusions that occur after looking at an object intensely and then seeing its complement or a faint copy elsewhere.

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