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

Determine for each year (1) the working capital, (2) the current ratio,

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

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

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