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Current Position Aralysis The following data were taken from the balance sheet of Nilo Company at the end of two recent fiscal years: a. Determine

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Current Position Aralysis 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 capikal, (2) the currant ratio, and (3) the quick ratio, Round rotios to one decimal place. b. The liquidity of Nio has from the preceding year to the current yeac, The working capital, current ratio, and quick ratio have all increaser 1 Most of these thannes are the casul of an. in nirrent acents relutive to current tiabilities

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