V Show Me How Caculator Current Position Analysis The following data were taken from the...
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V Show Me How Caculator Current Position Analysis 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 $446,400 009'995s Marketable securities 502,200 000'99 Accounts and notes receivable (net) 268,400 167,400 Inventories 421,700 189,100 Prepaid expenses 217,300 006'021 Total current assets $2,130,000 $1,426,000 Current liabilities: Accounts and notes payable (short-term) $411,800 $434,000 Accrued liabilities 298,200 000'981 Total current liabilities $710,000 000'029s 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 Check My Work 5 more Check My Work uses remaining Address
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