X age learning what is 2.090.000 vided by 1 x The second Wave Femina n/takeAssignment/take Assignment Main.doinvokertakeAssignmentSessionLocator&inprogresstale eBook Show Me How + Current Position Analysis The following data were taken from the balance sheet of No Company at the end of two recent focal years Current Year Previous Year Current assets Cash $391.000 $300,000 Marketable securities 515,000 354,000 Accounts and notes receivable (net) 634,000 425,000 Inventories 222,000 Prepaid expenses 182.000 138,000 Total current assets $2,090,000 $1,440,000 Current liabilities: Accounts and notes payable short-term) $725,000 $600,000 Accrued abilities 275,000 300,000 Total current liabilities $1,000,000 $900.000 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 5 1,090,000 540,000 X X 2. Current ratio Net Check My Work o e aer NEO ge learning Gwhat is 2,090,000 divided by 1 X The second Wave Feminism - X akeAssignment/take Assignment Main.do?invoker=takeAssignmentSessionLocator &inprogress=false Syllabus for HUM-16-40936X + eBook Show Me How Calculator Marketable securities 515,000 354,000 Accounts and notes receivable (net) 634.000 426,000 Inventories 368,000 222,000 Prepaid expenses 182,000 138,000 Total current assets $2,090,000 $1,440,000 Current liabilities: Accounts and notes payable (short-term) $725,000 $600,000 Accrued liabilities 275,000 300,000 Total current liabilities $1,000,000 $900,000 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 $ 100,000 540,000 2. Current ratio 3. Quick ratio b. The liquidity of Nilo has improved from the preceding year to the current year. The working capital, current ratio, and quick to have increased Most of these changes are the result of an increase in current assets relative to current liabilities Next Cd My Work e 19 acer X age learning what is 2.090.000 vided by 1 x The second Wave Femina n/takeAssignment/take Assignment Main.doinvokertakeAssignmentSessionLocator&inprogresstale eBook Show Me How + Current Position Analysis The following data were taken from the balance sheet of No Company at the end of two recent focal years Current Year Previous Year Current assets Cash $391.000 $300,000 Marketable securities 515,000 354,000 Accounts and notes receivable (net) 634,000 425,000 Inventories 222,000 Prepaid expenses 182.000 138,000 Total current assets $2,090,000 $1,440,000 Current liabilities: Accounts and notes payable short-term) $725,000 $600,000 Accrued abilities 275,000 300,000 Total current liabilities $1,000,000 $900.000 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 5 1,090,000 540,000 X X 2. Current ratio Net Check My Work o e aer NEO ge learning Gwhat is 2,090,000 divided by 1 X The second Wave Feminism - X akeAssignment/take Assignment Main.do?invoker=takeAssignmentSessionLocator &inprogress=false Syllabus for HUM-16-40936X + eBook Show Me How Calculator Marketable securities 515,000 354,000 Accounts and notes receivable (net) 634.000 426,000 Inventories 368,000 222,000 Prepaid expenses 182,000 138,000 Total current assets $2,090,000 $1,440,000 Current liabilities: Accounts and notes payable (short-term) $725,000 $600,000 Accrued liabilities 275,000 300,000 Total current liabilities $1,000,000 $900,000 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 $ 100,000 540,000 2. Current ratio 3. Quick ratio b. The liquidity of Nilo has improved from the preceding year to the current year. The working capital, current ratio, and quick to have increased Most of these changes are the result of an increase in current assets relative to current liabilities Next Cd My Work e 19 acer