Current position analysis

The following data were taken from the balance sheet of Neilo Company at the end of two recent fiscal years:

Current Year Previous Year

Current assets:

$\backslash$table$[[$Cash$,$$$375,000,$$$300,000],[$Marketable securities$,500,000,354,000],[$Accounts and notes receivable $($net$),625,000,426,000],[$Invertories$,410,000,222,000],[$Prepaid expenses,$190,000,138\mathrm{.}000],[$Total current assets,$$2,100,000,$$$1,440,000],[$Current liabilities:$],[$Accounts and notes payable $($short$-$term$),$$$725,000,$$$600,000],[$Accrued liabilities,$275,000,300,000],[$Total current liabilities,$$1,000,000,$$$900,000]]$

a$.$ Determine for each year $(1)$ the working capital, $(2)$ the current ratio, and $(3)$ the quick ratio. Round ratios to one decimal place.

$\backslash$table$[[,$Current Year Previous Year,$],[1.$ Working capital,,$],[2.$ Current ratio,,$],[3.$ Quick ratio,,$]]$

b$.$ The liquidity of Nito has $$ from the preceding year to the current year. The working capital, current ratio, and quick ratio have al