"Pay by Out UI debt. U. Why wouldn't investors invest all their money in software companies instead in less profitable companies? (Focus on risk and return.) of 3 -13 P3Liquidity management Bauman Companys total current assets, total current liabili ties, and inventory for each of the past 4 years follow: Item 2012 -2013 2014 2015 Total current assets $16,950 $21,900 $22,500 $27,000 Total current liabilities 9,000 12,600 12,600 17,400 6,000 6,900 6,900 7,200 Inventory 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 2012-2013 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 infor- mation support or conflict with your evaluation in part b? Why? Inventory turnover Bauman Company 2012 2013 2014 2015 6.3 870 6.4 10.6 11.2 10.8 1LO Industry average