Consider the following information taken from GER's financial statements:

Also, GER's operating cash flows were $12,829 and $14,874 in 2020 and 2019, respectively.
Note: Round all answers to two decimal places.
Required:
1. Calculate the current ratios for 2020 and 2019.
2. Calculate the quick ratios for 2020 and 2019.
3. Calculate the cash ratios for 2020 and 2019.
4. Calculate the operating cash flow ratios for 2020 and 2019.
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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September 30 (in thousands) 2020 2019 Current assets: S 1,274 30,071 31,796 4,818 $67,959 $ 6,450 16,548 14,072 2,620 $39,690 Cash and cash equivalents Receivables Inventories Other current assets Total current assets Current liabilities: $ 97 23,124 5,606 9,108 $ 3,530 11,228 1,929 5,054 Current portion of long-term debt Accounts payable Accrued compensation costs Accrued expenses Other current liabilities 874 777 $38,809 $22,518 Total current liabilities