Hi, I am confused.

X AutoSave . Off) Document10 - Word Search Lydie Arakaza LA Design Layout References Mailings Review View Help Picture Format Share Comments File Home Insert Draw abc Check Document Previous Simple Markup in N Next 8 EE Thesaurus Read Check Translate Language New Delete Track Show Markup Accept Compare Block Restrict Hide Resume Linked =123 Word Count Accessibility Comment Show Comments Changes ~ R Reviewing Pane Authors ~ Editing Ink Assistant Notes Aloud Comments Tracking Changes Compare Protect Ink Resume OneNote Proofing Speech Accessibility Language 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 $646,800 $512,000 Marketable securities 748,900 576,000 Accounts and notes receivable (net) 306,300 192,000 Inventories 781,400 468,500 Prepaid expenses 402,600 299,500 Total current assets $2,886,000 $2,048,000 O Current liabilities: Accounts and notes payable (short-term) $429,200 $448,000 Accrued liabilities 310,800 192,000 Total current liabilities $740,000 $640,000 a. Determine for each year (1) the working capital, (2) the current ratio, and (3) the quick ratio. Round ratios to one decimal place. Current Year Previous Year 1. Working capital 2. Current ratio Page 1 of 1 0 words [ [ Focus + 189% Type here to search EPIC W 11:16 PM 12/7/2019Lydie Arakaza LA X AutoSave . Off) Document10 - Word Search Share Comments File Home Insert Draw Design Layout References Mailings Review View Help abc Check Document 2 2 Previous Simple Markup in N BE Thesaurus Next Show Markup 8 Read Check Translate Language New Delete Track Accept FA Compare Block Restrict Hide Resume Linked Authors ~ Editing Ink Assistant Notes =123 Word Count Aloud Accessibility Comment Show Comments Changes ~ Reviewing Pane Accessibility Language Comments Tracking Changes Compare Protect Ink Resume OneNote Proofing Speech 1. Working capital 2. Current ratio a. Determine for each year (1) the working capital, (2) the current ratio, and (3) the quick ratio. Round ratios to one decimal place. Current Year Previous Year 1. Working capital 2. Current ratio 3. Quick ratio 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 current liabilities. Page 1 of 1 0 words DO [ Focus + 207% 11:18 PM W Type here to search EPIC Ti S 12/7/2019