Consider the following information taken from GER€™s financial statements:

Also, GER€™s operating cash flows were $12,829 and $14,874 in 2012 and 2011, respectively.
Required:
1. Calculate GER€™s current ratio for 2012 and 2011.
2. Calculate GER€™s quick ratio for 2012 and 2011.
3. Calculate GER€™s cash ratio for 2012 and 2011.
4. Calculate GER€™s operating cash flow ratio for 2012 and 2011.
5. Provide some reasons why GER€™s liquidity may be considered to be improving and some reasons why it may be worsening.

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September 30 in thousands) 2012 2011 1,274 30,071 31,796 4,818 $67,959 6,450 16,548 14,072 2,620 $39,690 Cash and cash equivalents Receivables Other current assets Total current assets Current liabilities: Current portion of long-term debt Accrued Oher current liabilities $ 97 23,124 5,606 9,108 3,530 11,228 1,929 5,054 compensation costs Total current liabilities $38,809 $22,518