a. Current year orking capital, 1,120,000 SHOW ME HOW EX 17-6 Current position analysis OBJ.3 The following data were taken from the balance sheet of Albertini Company at the end of two recent fiscal years: Current Year Prior Year Current assets Cash $ 372,400 $ 285,500 Marketable securities 425.900 326,400 Accounts and notes receivable (net) 531,700 408,100 Inventorles 343,200 210,600 Prepaid expenses 146,800 89,400 Total current assets $1.820,000 $ 1,320,000 Current liabilities: Accounts and notes payable (short-term) $ 404,000 $ 352.000 Accrued liabilities 296,000 248,000 Totalcurrent liabilities $ 700,000 $ 600.000 EXCEL ONLINE a. Determine for each year (1) the working capital, (2) the current ratio, and (3) the quick ratio. Round ratios to one decimal place. b. What conclusions can be drawn from these data as to the company's ability to meet its currently maturing debts