3-3 Working capital, current ratio, quick ratio Esterican Eagle Outfitters Inc. operates over 1,000 specialty retail stores, selling clothing such denim, sweaters, t-shirts, and fleece outerwear. The following asset and liability data (in llons) were adapted from recent financial statements. Year 2 Year 1 Current assets Cash Accounts receivable Inventory Prepaid and other current assets Total current assets Total current liabilities $ 745 89 378 75 $1,287 $ 405 $ 734 85 301 54 $1,174 $ 388 1. Compute working capital for Years 2 and 1. 2. Compute the current ratio for Years 2 and 1. Round to one decimal place. 3. Compute the quick ratio for Years 2 and 1. Round to one decimal place. 4. Analyze and assess any changes in liquidity for Years 2 and 1