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Current position analysis The following data were taken from the balance sheet of Nilo Compariy at the end of two recent fiscal years: Open spreadaleet

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Current position analysis The following data were taken from the balance sheet of Nilo Compariy at the end of two recent fiscal years: Open spreadaleet a. Determine for each year (1) the working capital, (2) the current ratio, and (3) the quick ratio. Round the ratios to one decimal place and the working copital to the nearest dollar. b. Tle hiquidity of Nilo has Most of these changes are the result of a(n) from the preceding year to the current vear. The working capital, current ratio, and quick ratio have ail in current assots relative to current liabilitees

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