he 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				$433,200			$316,800
Marketable securities				501,600			356,400
Accounts and notes receivable (net)				205,200			118,800
Inventories				1,254,000			926,000
Prepaid expenses				646,000			592,000
	Total current assets			$3,040,000			$2,310,000
Current liabilities:
Accounts and notes payable
	(short-term)			$440,800			$462,000
Accrued liabilities				319,200			198,000
	Total current liabilities			$760,000			$660,000

a. Determine for each year (1) the working capital, (2) the current ratio, and (3) the quick ratio. Round ratios to one decimal place.