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 $391,000 $300,000
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 abilities:
Accounts and notes payable (short-term) $725,000 $600,000
Accrued lisbilities 275,000 300,000
Total current liabilities $1,000,000 $900,000
Determine for each year:
(1) the working capital,
(2) the current ratio, and
(3) the quick ratio.
Round ratios to one decimal placces.