LG 3 P3-13 Liquidity management Bauman Company's total current assets, total current liabil ities, and inventory for each of the past 4 years follow: Item Total current assets Total current liabilities Inventory 2009 $16,950 9,000 6,000 2010 $21,900 12,600 6,900 2011 $22,500 12,600 6,900 2012 $27,000 17,400 7,200 a. Calculate the firm's current and quick ratios for each year. Compare the resulting time series for these measures of liquidity. b. Comment on the firm's liquidity over the 2009-2010 period