- trom the horizontal analysis? E9-6 Current position analysis The following data were taken from the comparative balance sheet of Osborn Sisters company for the years ended December 31, 2049 and December 31, 2018: urative balance sheet of Osborn Sisters Obj. 3 2049 working capital, $1,050,000 Dec 31, 2019 Dec 31, 2048 $ Cash Temporary investments Accounts and notes receivable (net) Inventories Prepaid expenses Total current assets Accounts payable Accrued liabilities Total current liabilities $ 150,000 250,000 500,000 850,000 50,000 $1,800,000 $ 700,000 50,000 $ 750,000 100,000 150,000 400,000 610,000 40,000 $1,300,000 $ 460,000 40,000 $ 500,000 2. Determine for each year (1) the working capital, (2) the current ratio, and (3) the quick ratio. b. What conclusions can be drawn from these data