X Requirements i - Data Table 1. Compute the following ratios for 2020 and 2019: Current ratio 2020 2019 2018 a. Balance sheet: Cash 26,000 $ 32,000 Short-term investments 15.000 22,000 Net receivables 50,000 73,000 35,000 b. Quick (acid-test) ratio c. Inventory turnover and days' inventory outstanding (DIO) d. Accounts receivable turnover e. Days' sales in average receivables or days' sales outstanding (DSO) f. Accounts payable turnover and days' payable outstanding (DPO). Use cost of goods sold in the formula for accounts payable turnover. g. Cash conversion cycle (in days) (When computing days, round your answer to the nearest whole number.) 2. Evaluate the company's liquidity and current debt-paying ability for 2020. Has it improved or deteriorated from 2019? 3. As a manager of this company, what would you try to improve next year? Inventory 91,000 77,000 64,000 Prepaid expenses 4,000 10,000 Total current assets 186,000 214,000 Accounts payable 75,000 30,000 40,000 Total current liabilities 130,000 91,000 Income statement: Print Done Net credit sales 490,000 $ 508,000 Cost of goods sold 273,000 285,000 hoose from any list or enter any number in the input fields and then continue to the nex Print Done