Assume Black Corporation reported the following items at year-ends 2020 and 2019.

{Requirements}
1. Using the facts provided, calculate the information that is relevant in measuring the liquidity of the company for 2020. Assume Black sells on terms of net 30 days.
2. Recommend two ways the company can speed up its cash flow.

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A Black Corporation Consolidated Balance Sheets (Summarized) B C March 1, March 3, 2020 2019 D E F G March 1, 2020 March 3, 2019 2 (amounts in millions) 3 Current assets: 4 Cash $1,184.4 $ 677.1 5 Short-term investments 420.7 310.1 6 Accounts receivable, net 1,174.7 572.6 Current liabilities: Accounts payable Other current liabilities Long-term liabilities $ 2711 S 130.3 1.203.3 103.2 416.3 58.8 7 Inventories 396.3 255.9 8 Other currer: assets 301.3 103.6 Stareholders' equity 3,933.6 2.483.5 9 Capital assets 2.033.8 1,169.6 10 Total assets $5,511.2 $3,088.9 Total liabilities and equity $5,5.1.2 $3,088.9 11 Income Statement (partial): 2020 12 Revenue $ 6,009.4 13