Ratio Analysis Consider the following information taken from GER's financial statements:   September 30 (in thousands)   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 $11,255 and $13,736 in 2020 and 2019, respectively. 4.  Calculate the operating cash flow ratios for 2020 and 2019.   Operating Cash Flow Ratio 2020 fill in the blank 7 2019 fill in the blank 8

Question

Ratio Analysis

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

  September 30
(in thousands)
  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 $11,255 and $13,736 in 2020 and 2019, respectively.

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

  Operating Cash Flow Ratio
2020 fill in the blank 7
2019 fill in the blank 8

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Accounting Ratio Analysis

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