Current Position Analysis The following data were taken from the balance sheet of Albertini Company at the end of two recent fiscal years Current Year Previous Year Current assets Cash $357,200 $278,800 Marketable securities. $13.600 313,700 Accounts and notes receivable (net) 100,200 104,500 Inventories 310,200 150,100 Prepaid expenses 159,800 95,900 Total current assets $1,410,000 $943,000 Current Sablities Accounts and notes payable (short-term) 1272,600 $287,000 Accrued Sablities Tutal current Sabrities 197,400 $470,000 123,000 $410,000 a. Determine for each year (3) the working capital, (2) the current rats, and (3) the quick at Round ratios to one decimal place. 1. Working capital Current Year Previous Year 2. Current ratio 3. Quick rati b. The Squidity of Albertini has improved of an increase from the priceding year to the current year. The working capital, current ratio, and quick ratio have all increased in current assets relative to current liabilities Most of these changes are the result