. Data table (In millions) 2020 2019 2018 Balance sheet Current assets: Cash $ 70 $ 85 $ 50 140 165 135 Investment in trading securities Receivables, net of allowance for uncollectible accounts of $7, $6, and $4, respectively Inventories 290 280 260 340 325 325 55 20 40 $ 895 $ 875 $ 810 Prepaid expenses Total current assets Total current liabilities Income statement Net sales (all on account) $ 590 $ 630 $ 640 $ 7,125 $ 5,400 $ 4,745 Print Done The comparative financial statements of Gold Pools, Inc., for 2020, 2019, and 2018 included the following select data: (Click the icon to view the comparative financial data.) Read the requirements. III Requirement 1. a. Compute the current ratios for 2020 and 2019. (Round your final answers to two decimal places, X.XX.) 2020 2019 Current ratio = Requirement 1. b. Compute the quick (acid-test) ratios for 2020 and 2019. (Round your final answers to two decimal places, X.XX.) 2020 2019 Quick (acid-test) ratio = Requirement 1. c. Compute the days' sales outstanding for 2020 and 2019. (Round interim calculations to two decimal places, XX.XX and the amounts you enter into the answer boxes (DSO) up to the next whole day.) 2020 2019 Days' sales outstanding (DSO) = days days Requirement 2. Which ratios improved from 2019 to 2020 and which ratios deteriorated? Is this trend favorable or unfavorable? The current ratio from 2019 to 2020. The quick ratio from 2019 to 2020. The days' sales outstanding This trend the company. Requirement 3. Recommend two ways for Gold Pools to improve cash flows from receivables. Gold Pools can improve cash flows from receivables by either and/or