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: Current Year Previous Year Cash $360,400 $311,100 Marketable securities 474,700 367,100. Accounts and notes receivable (net) 584,500 441,800 Inventories 177,400 34,500 Prepaid expenses 87,800 21,500 Total current assets $1,684,800 $1,176,000 Current liabilities: Accounts and notes payable (short-term) $565,500 $466,700 Accrued liabilities Total current liabilities 214,500 $780,000 233,300 $700,000 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.