Consider the following information taken from GER s financial statements Also GER s
Consider the following information taken from GER’s financial statements:
Also, GER’s operating cash flows were $12,829 and $14,874 in 2012 and 2011, respectively.
Required:
1. Calculate GER’s current ratio for 2012 and 2011.
2. Calculate GER’s quick ratio for 2012 and 2011.
3. Calculate GER’s cash ratio for 2012 and 2011.
4. Calculate GER’s operating cash flow ratio for 2012 and 2011.
5. Provide some reasons why GER’s liquidity may be considered to be improving and some reasons why it may be worsening.
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