Berry Corporation shows the following financial position and results for the three years ended December 31, 2011, 2012, and 2013 (in thousands):

For each year, calculate the current ratio, quick ratio, and days payables outstanding ratio, and comment on your results.

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2013 2012 2011 Cash Temporary investments Accounts receivable Inventory Prepaid expenses Total current assets $ 650 500 900 4,900 1,300 $ 700 500 1,000 4,600 1,000 7,800 $600 500 1,300 4,000 900 7,300 8,250 Accounts payable Accrued liabilities $1,550 2,250 3,800 1,700 2,000 $1,750 1,900 3,650 Total current liabilities 3,700 Cost of goods sold $15,000 $18,000 $17,000