eBook Show Me How Print Item Position Analysis The following data were taken from the balance sheet of Nilo Company at the end of two recent fiscal years: Current Year Previous Year Current assets: Cash Marketable securities Accounts and notes receivable (net) Inventories Prepaid expenses $489,400 566,700 231,900 517,400 266,600 $2,072,000 $392,000 441,000 147,000 298,900 191,100 $1,470,000 Total current assets Current liabilities: Accounts and notes payable $324,800 235,200 $560,000 $343,000 147,000 $490,000 (short-term) Accrued liabilities Total current liabilities a. Determine for each year (1) the working capital, (2) the curre Previous Year tio, and (3) the quick ratio. Round ratios to one Current Year 1. Working capital s KOTF.psd 2018-11.. 53.53 PM A i Accounts and notes 231,900 517,400 $2,072,000 Accounts and notes payablke 235,200 $490,000 to one 1. Working capital 2. Current ratio b. The liquidity of Nilo has in current assets relative to c.jpg KOTF.psd2018-11