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Consider the following information taken from GER's financial statements: September 30 (in thousands) 2020 2019 Current assets: Cash and cash equivalents $1,274 $6,450 Receivables 30,071
Consider the following information taken from GER's financial statements: September 30 (in thousands) 2020 2019 Current assets: Cash and cash equivalents $1,274 $6,450 Receivables 30,071 16,548 Inventories 31,796 14,072 Other current assets 4,818 2,620 Total current assets $67,959 $39,690 Round your answers to two decimal places. 1. Calculate the current ratios for 2020 and 2019. Current Ratio 2020 2019 2. Calculate the quick ratios for 2020 and 2019, Quick Ratio 2020 2019 3. Calculate the cash ratios for 2020 and 2019. Cash Ratio 2020 2019 4. Calculate the operating cash flow ratios for 2020 and 2019. 2020 2019 Operating Cash Flow Ratio 5. Conceptual Connection: What are some reasons why GER's liquidity may be considered to be improving and some reasons why it may be worsening? GER's liquidity appears to hold constant when one looks only at the cash, the liquidity of GER may be worsening However, because the may not be easily converted to
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