ratio analysis:

conside the following information taken from chicago water slide's (CWS's) financial statement:

	september 30(in thousands)
	2019	2018
current assets:
cash and cash equivalents	$2,548	$12,900
receivables	60,142	33,096
inventories	63,592	28,944
other current assets	9,636	5,240
total current assets	$135,918	$79,380
current liabilities:
current portion of long-term debt	$194	$7,060
accounts payable	46,248	22,456
accrued compensation costs	11,212	3,858
accrued expenses	18,216	10,108
other current liabilities	1,748	1,554
total current liabilities	77,618	45,036

also, CWS's operating cash flows were $25,658 and $29,748 in 2019 and 2018, respectively.

note: round all answers to two decimal places.

required: 1.Calculate the current ratios for 2019 and 2018. 2.calculate the quick ratios for 2019 and 2018. 3.Calculate the cash ratios for 2019 and 2018. 4.Calculate the operating cash flow ratios for 2019 and 2018. 5.Conceptual connection provide some reasons why CWS's liquidity may be considered to be improving and some reasons why it may be worsening.