Current Position Analysis

The following data were taken from the balance sheet of Albertini Company at the end of two recent fiscal years: (show work)

Current Position Analysis The following data were taken from the balance sheet of Albertini Company at the end of two recent fiscal years: a. Determine for each year (1) the working capital, (2) the current ratio, and (3) the quick ratio. Round ratios to one decimal place. b. The liquidity of Albertini has and quick ratio have all relative to current liabilities. from the preceding year to the current year. The working capital, current ratio, . Most of these changes are the result of an in current assets in current assets