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The following data were taken from the balance sheet of Nilo Company at the end of two recent fiscal years: This information has been collected

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The following data were taken from the balance sheet of Nilo Company at the end of two recent fiscal years: This information has been collected in the Microsoft Excel Online file, Open the spreadsheet, perform the required analysis, and input your answers in the questions below, a. Determine for each year (1) the working capital, (2) the current ratio, and (3) the quick ratio. Round the ratios to one decimal place and the working capital t the nearest dollar. 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 a(n) in current assets relative to current lisbilities

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