Liquidity management Bauman Company's total current assets, total current liabilities, and inventory for each of the past 4 years follow Item Total current assets Total current liabilities Inventory 2012 $16,640 9,020 5,940 2013 $22,380 12,990 7,120 2014 $22,750 12,610 7,010 2015 $26,320 17,360 7,780 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 2012-2015 period. c. If you were told that Bauman Company's inventory turnover for each year in the 2012-2015 period and the industry averages were as follows, would this information support or conflict with your evaluation in part (b).? Why? 2012 2013 2014 2015 a. Calculate the firm's current and quick ratios for each year Bauman Company's current ratio for year 2012 is. (Round to two decimal places.) Item Liquidity management Bauman Company's total current assets, total current liabilities, and inventory for each of the past 4 years follow Item Total current assets Total current liabilities Inventory 2012 $16,640 9,020 5,940 2013 $22,380 12,990 7,120 2014 $22,750 12,610 7,010 2015 $26,320 17,360 7,780 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 2012-2015 period. c. If you were told that Bauman Company's inventory turnover for each year in the 2012-2015 period and the industry averages were as follows, would this information support or conflict with your evaluation in part (b).? Why? 2012 2013 2014 2015 a. Calculate the firm's current and quick ratios for each year Bauman Company's current ratio for year 2012 is. (Round to two decimal places.) Item