Sky Bleu Ltd reported the following current accounts at December 31, 2019 (amounts in thousands) (Click the icon to view the accounts and the completed transactions.) Compute Sky Blou's current ratio at December 31, 2019, and again at December 31, 2020. Did the current ratio improve or deteriorate during 2020? Comment on the company's current ratio. Calculate the current ratios for 2019 and 2020. (Round to three decimal places.) 2019 current ratio 2020 current to The current ratio during 2020. The company's current ratio is deteriorated improved remained the same Sky Bleu Lid reported the following current accounts at December 31, 2019 (amounts in thousands) (Click the icon to view the accounts and the completed transactions.) Compute Sky Bleu's current ratio at December 31, 2019, and again at December 31, 2020. Did the current ratio improve or deteriorate during 20207 Comment on the company's current ratio Calculate the current ratios for 2019 and 2020. (Round to three decimal places.) 2019 current ratio 2020 current to The current ratio during 2020. The company's current ratio is strong weak Cash $ 1,400 . Receivables . 5,500 1,500 900 During 2020, Sky Bleu completes these transactions: Used inventory of $3,700 Sold services on account, $6,800 Depreciation expense, $500 Paid for accrued expenses, $800 Collected from customers on account, $7,200 Accrued expenses, $1,700 Purchased inventory of $3,500 on account Paid on account, $5,100 Used up prepaid expenses, $300 Inventory Prepaid expenses Accounts payable Unearned revenue Accrued expenses payable . 2,800 1,100 1,200