Current Position Analysis The following data were taken from the balance sheet of Albertlnl Company at the end of two recent scal years: ./ Current Year Previous Year Current asses: ' Cash $526,700 $418,000 4 Marketable securities 509,800 470,300 Accounts and notes receivable (net) 249,500 156,700 " Inventories 1,122,700 838,800 G0 ' Prepaid expenses 575,300 536,200 Total current assets $3,087,000 $2,420,000 G0 ' a Current liabilities: GO . Accounts and notes payable (short-term) $355,400 $385,000 LGO Accrued llabllltles 264,600 155,000 LGO . Total Current liabilities $630,000 $550,000 LGO . a. Determine for each year (1) the working capital, (2) the current ratio, and (3) the quick ratio. Round ratios to one decimal place. LGO . Current Year Previous Year LGO . LGO . b. The liquidity of Albertini has ' from the preceding year to the current year. The working mpital, current ratio, and quick ratio have all V . Most of these changes are the result of an ' in current assets relative to current liabilities. LGO ' LGO