s Cerngageno 1Online teac agenow.com/ilm/takeAssignment/takeAssignmentMain.do?invoker assignments&takeAssignmentSessionLocat eBook Calculator 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 Receivables $1,274 30,071 31,796 4,818 $67,959 $6,450 16,548 14,072 2,620 39,690 Other current assets Total current assets Current liabilities: Current portion of long-term debt Accounts payable Accrued compensation costs Accrued expenses Other current liabilities 597 23,124 5,606 108 874 $3,530 11,228 1,929 5,054 Total current liabilibes 38,809 522.518 Also, GER's operating cash lows were $13,195 and $14,412 in 2020 and 2019, respectively Required: Check My Work more Check My Wiork uses remaining All work saved jagenow.comylhy takessighment/takeAssignmentMain.do?invoker-assignments&itakeAssignmentSes eBook Calculator 1. Calculate the current ratios for 2020 and 2019. Current Ratio 2020 2019 2. Calculate the quick ratios for 2020 and 2019. 1.75 1.76 2020 2019 3. Calculate the cash ratios for 2020 and 2019 Quick Ratio 0.93 X 1.13 x 1.13 X Cash Ratio 2020 2019 4. Calculate the operating cash fiow ratios for 2020 and 2019 0.03 0.28 X Operating Cash Flow Ratio 2020 2019 5. Conceptual Connection: What are some reesons why GER's liquidity may be considered GERs lqu dity appears to hold constant whe 0.34 0.64. h to be improving aoks only at the current ratio However because Check My Work All work saved