please do questions 1 2 3thank you in advance

The comparative financial statements of Gold Pools Inc. for 2020, 2019, and 2018 include the following selected data: E (Click the icon to view the comparative financial data.) Requirements 1. Compute these ratios for 2020 and 2019: a. Current ratio b. Acid-test ratio c. Days' sales in receivables 2. Write a memo explaining to top management which ratio values improved from 2019 to 2020 and which ratio values deteriorated State whether the overall trend is favourable or unfavourable, and give the reason for your evaluation. 3. Recommend two ways for Sunset Pools to improve cash flow from receivables. Comparative financial data - X Requirement 1a. Compute the current ratios for 2020 and 2019. (Round your answer to two decimal places.) 2020 2019 Current ratio (in millions) 2020 2019 2018 = Balance sheet Current assets Cash 82 $ 66 62 $ 168 130 113 Short-term investments Receivables, net of allowance for uncollectible accounts of $27, $21, and $15, respectively Inventories 246 249 271 334 363 370 23 11 28 Prepaid expenses $ 803 $ 872 $ 841 Total current assets $ 400 $ 501 $ 413 Total current liabilities Income statement Net sales $ 2,896 $ 2,721 $ 2,209 Print Done Enter your answer in the edit fields and then click Check