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Current Year Previous Year Current assets: Cash Marketable securities Accounts and notes receivable (net) Inventories Prepaid expenses Total current assets Current liabilities: Accounts and notes payable (short-term) Accrued liabilities Total current liabilities \begin{tabular}{rr} $336,400 & $350,000 \\ 243,600 & 150,000 \\ \hline$580,000 & $500,000 \\ \hline \end{tabular} b. The llquidity of Nilo has from the preceding year to the current year. The working capital, current ratio, and quick ratio have all - Most of these changes are the result of an current liabilities. In current assets relative to