Question: Current position analysis The following data were taken from the balance sheet of Nilo Company at the end of two recent fiscal years: Current Year

Current position analysis
The following data were taken from the balance sheet of Nilo Company at the end of two recent fiscal years:
Current Year Previous Year
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 Nilo has
from the preceding year to the current year. The working capital, current ratio, and quick ratio have all
Current position analysis The following data were taken from the balance

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