Current Position Analysis The following data were taken from the balance sheet of Albertini Company at the end of two recent fiscal years: Current Year Previous Year Current assets: Cash $474,200 $378,000 Marketable securities 549,100 425,300 Accounts and notes receivable (net) 224,700 141,700 Inventories 617,800 439,200 Prepaid expenses 318,200 280,800 Total current assets $2,184,000 $1,665,000 Current liabilities: Accounts and notes payable (short-term) $301,600 $315,000 Accrued liabilities 218,400 135,000 Total current liabilities $520,000 $450,000 a. Determine for each year (1) the worimo capital (2) the current ratio, and (3) the old to Round ratios to one decimal a. Determine for each year (1) the working capital (2) the current ratio, and (3) the quick ratio. Round ratios to one decimal place. Current Year Previous Year 1. Worldng capital 2. Current ratio 3. Quick ratio b. The liquidity of Albertini 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 in current assets relative to current Waisties