Current position analysis The following data were taken from the balance sheet of Nilo Company at the end of two recent fiscal years: 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. The liquidity of Nilo 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 Inventory analysis QT, Inc. and Elppa Computers, Inc. compete with each other in the personal computer market. QT assembles computers to customer orders, building and delivering a computer within four days of a customer entering an order online. Elppa, on the other hand, builds computers for inventory prior to receiving an order. These computers are sold from inventory once an order is received. Selected financial information for both companies from recent financial statements follows (in millions): a. Determine for both companies (1) the inventory turnover and (2) the days' sales in inventory. Round your calculations and answers to one decimal place. Assume 365 days a year. b. QT has a much inventory turnover ratio than does Elppa. Likewise, QT has a much days' sales in inventory. These significant differences are a result of QT's make-to-order strategy