Question: answer in excel form. thank you Problem 1: The following data were taken from the balance sheet of the Sandy Koufax Company at the end

 answer in excel form. thank you Problem 1: The following data
answer in excel form. thank you

Problem 1: The following data were taken from the balance sheet of the Sandy Koufax Company at the end of the two recent fiscal years: Current Year Previous Year Cash $ 480,000 $ 392,000 Marketable Securities 576,000 411,600 Accounts and notes receivable 384,000 316,400 Inventories 408,000 333,200 Prepaid expenses 552,000 506,800 Total current assets $2,400,000 $1,960,000 Accounts and notes payable (short-term) 600,000 525,000 Accrued liabilities 200,000 175,000 Total current liabilities $800,000 $700,000 a) Determine for each year (1) the working capital, (2) the current ratio, and (3) the quick ratio. Round ratios to one decimal place

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