The following data were taken from the balance sheet of Nilo Company at the end of two recent fiscal years:

Finish upda

Current Year

Previous Year

Current assets:

Cash

Marketable securities

Accounts and notes receivable $($net$)$

Inventories

Prepaid expenses

Total current assets

Current liabilities:

Accounts and notes payable $($short$-$term$)$

$\backslash$table$[[$$$746,800$