Problem 8-80A (Algorithmic) Ratio Analysis Consider the following information taken from GER's financial statements: September 30 (in thousands) 2020 2019 Current assets: Cash and cash equivalents $1,274 Receivables 30,071 31,796 Inventories $6,450 16,548 14,072 2,620 $39,690 Other current assets 14,818 Total current assets $67,959 urrent liabilities: Current portion of long-term debt $97 $3,530 Accounts payable 23 124 11,228 Accrued compensation costs 5,606 1,929 Accued expenses 9,105 5,054 Other current liabilities Totat $22,518 $38,809 crenclabilities SUGERE cash flows were 18:53 and 515 3121 2020 and 2019, respectively Ch imote u ses ning eBook Calculator Required: Round your answers to two decimal places. 1. Calculate the current ratios for 2020 and 2019. Current Ratio 2020 2019 2. Calculate the quick ratios for 2020 and 2019. Quick Ratio 2020 2019 3. Calculate the cash ratios for 2020 and 2019. Cash Ratio 2020 2019 4. Calculate the operating cash flow ratios for 2020 and 2019. Operating Cash Flow Ratio 2020 Check My Work 3 more Check My Work uses remaining Quick Ratio 020 019 Calculate the cash ratios for 2020 and 2019. Cash Ratio 2020 2019 . Calculate the operating cash flow ratios for 2020 and 2019. Operating Cash Flow Ratio 2020 2019 5. Conceptual Connection: What are some reasons why GER's liquidity may be considered to be improving and some reasons why it may be worsening? However, because the may not be easily GER's liquidity appears to hold constant when one looks only at the converted to cash, the liquidity of GER may be worsening. Check My Work 3 more Check My Work uses remaining Previous A 10:14 AM o e D 9 11/13/2019