eBook Show Me How 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 Current assets: Cash $355,700 $270,000 Marketable securities: 411,800 303,800 Accounts and notes receivable (net) 168,500 101,200 Inventories 652,100 411,700 Prepaid expenses 335,900 263,300 Total current assets $1,924,000 $1,350,000 Current liabilities: Accounts and notes payable. (short-term) $301,600 $315,000 218,400 Accrued liabilities Total current liabilities. $520,000 135,000 $450,000 a. Determine for each year (1) the working capital, (2) the current ratio, and (3) the quick ratio. Round ratios to one decimal place. 1. Working capital Current Year Previous Year 2. Current ratio current rabo, and quick ratio have all