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

	September 30
	2020		2019
Current assets:
Cash and cash equivalents	$1,274		$6,450
Receivables	30,071		16,548
Inventories	31,796		14,072
Other current assets	4,818		2,620
Total current assets	$67,959		$39,690
Current liabilities:
Current portion of long-term debt	$97	$3,530
Accounts payable	23,124	11,228
Accrued compensation costs	5,606	1,929
Accrued expenses	9,108	5,054
Other current liabilities	874	777
Total current liabilities	$38,809	$22,518

Also, GER's operating cash flows were $12,031 and $14,637 in 2020 and 2019, respectively.
Required:
Round your answers to two decimal places.
1. Calculate the current ratios for 2020 and 2019.

	Current Ratio
2020
2019

2. Calculate the quick ratios for 2020 and 2019.

	Quick Ratio
2020
2019

3. Calculate the cash ratios for 2020 and 2019.

	Cash Ratio
2020
2019

4. Calculate the operating cash flow ratios for 2020 and 2019.

	Operating Cash Flow Ratio
2020
2019

Answer rating: 100% (QA)

1 2 3 4 Years 2020 2019 Numerator ... View the full answer