m/lm/takeAssignment/takeAssignmentMain.doinvoker-&takeAssignmentSessionLocator-assignment-take&inprogress-false Show Me How Video Calculator eBock Print Itenm Current Position Analysis The following data were taken from the comparative balance sheet of Osborn Sisters Company for the years ended December 31, 20Y9 and December 31, 20Y8: Dec. 31, 20Y9 Dec. 31, 20Y8 357,500 391,600 26,900 29,200 198,800 Temporary investments Accounts and notes receivable (net) 515,200 662,400 361,600 Prepaid expenses $2,496,000$1.904,000 Total current assets $371,200 268,800 $640,000 $392,000 168,000 $560,000 Accounts payable Accrued liabilitiles Total curent habilrties a. Determine for each year (1) the working capital, (2) the current ratio, and (3) the quick ratio. Round ratios to one decimal place. 20Y8 20Y9 Working capital Current ratio Quick ratio b. The liquidity of Osborn Sisters Company has . Most of these changes are the result of quick ratio have all from 20Y8 to the 20yg. The working capital, current ratio, Next 10 mare Check My Work uses remaining Check My Work Save and Exit Submit Assignment for Grad 227 PM 5/11/2019 ^ m/lm/takeAssignment/takeAssignmentMain.doinvoker-&takeAssignmentSessionLocator-assignment-take&inprogress-false Show Me How Video Calculator eBock Print Itenm Current Position Analysis The following data were taken from the comparative balance sheet of Osborn Sisters Company for the years ended December 31, 20Y9 and December 31, 20Y8: Dec. 31, 20Y9 Dec. 31, 20Y8 357,500 391,600 26,900 29,200 198,800 Temporary investments Accounts and notes receivable (net) 515,200 662,400 361,600 Prepaid expenses $2,496,000$1.904,000 Total current assets $371,200 268,800 $640,000 $392,000 168,000 $560,000 Accounts payable Accrued liabilitiles Total curent habilrties a. Determine for each year (1) the working capital, (2) the current ratio, and (3) the quick ratio. Round ratios to one decimal place. 20Y8 20Y9 Working capital Current ratio Quick ratio b. The liquidity of Osborn Sisters Company has . Most of these changes are the result of quick ratio have all from 20Y8 to the 20yg. The working capital, current ratio, Next 10 mare Check My Work uses remaining Check My Work Save and Exit Submit Assignment for Grad 227 PM 5/11/2019 ^