Current position analysis The following data were taken from the balance sheet of Nilo Company at the end of two recent fiscal years: Current assets Cash Current Year Previous Year. $349,800 $287,800 Marketable securities 460,700 339,000 Accounts and notes receivable (net) 567,100 408,600 Inventories 433,400 241,800 Prepaid expenses 214,400 150,400 Total current assets $2,025,400 $1,428,200 Current liabilities: Accounts and notes payable (short-term) $594,500 $493,400 Accrued Babilities 225,500 Total current liabilities $820,000 246,600 $740,000 This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answers in the questions below Open spreadsheet a. Determine for each year (1) the working capital, (2) the current ratio, and (3) the quick ratio. Round the ratios to one decimal place and the working capital to the nearest dollar. Current Year : Previous Year 1. Working capital 2. Current ratio 3. Quick ratio The liquidity of Nilo has changes are the result of a(n) from the preceding year to the current year. The working capital, current ratio, and quick ratio have all in current assets relative to current abilities Most of these