he comparative financial stalements of Lomax Pools, Inc, for 2020, 2019, and 2018 included the following select data: (Click the icon to view the coengorative financial data.) Read the requirements: Requirement 1, a. Compute the current ratios for 2020 and 2019, (Round your flinal answers to two decimal places, .) Requirement 1. b. Compute the quick (acid-tesi) ratios for 2020 and 2019 . (Round your final answers to two decirnal places, ) Requirement 1. c. Compule the days' sales outstanding for 2020 and 2019. (Round interim culculations to two decimal places, 0 and the amounte you anter into the answer bowes (O50) ap to) the next whole day) Requirement 2. Wich ratios improved feem 2019 to 2020 and which rabios deteriaraled? is this trend favorable of untavorable? Data table 1. Compute the following ratios for 2020 and 2019 : a. Current ratio b. Quick (acid-test) ratio c. Days' sales outstanding 2. Which ratios improved from 2019 to 2020 and which ratios deteriorated? Are each of the trends favorable or unfavorable? 3. Recommend two ways for Lomax Pools to improve cash flows from receivables