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The following data were taken from the balance sheet of Nilo Company at the end...

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Accounting

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The following data were taken from the balance sheet of Nilo Company at the end of two recent fiscal years: a. Determine for each year (1) the working capital, (2) the current ratio, and (3) the quick ratio. Round ratios to one decimal place. b. The liquidity of Nilo has: and quick ratio have all from the preceding year to the current year, The working capital, current ratio, relative to current liabilities. - Most of these changes are the result of an in current assets

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