Accel's Companies, a home improvement store chain, reported the following summarized figures: Click the icon to view the income statement.) (Click the icon to view the balance sheets.) Accel's has 10,000 common shares outstanding during 2018, Read the requirements. Requirement 1. Compute Accel's Companies' current ratio at May 31, 2018 and 2017 Begin by selecting the formula to calculate Accel's Companies' current ratio. Then enter the amounts and calculate the current ratio for 2018 and then 2017 I Total current liabilities Current ratio Total current assets 82,800 2018 Income Statement Accel's Companies Income Statement Years Ended May 31, 2018 and 2017 2018 2017 $ Net Sales Revenue Cost of Goods Sold Interest Expense All Other Expenses 40,600 $ 28,400 600 4,300 7,300 $ 40,500 30,600 570 8,200 1,130 Net Income Print Done 0 Balance Sheets Assets 2018 Cash Short-term Investments Accounts Receivable Merchandise Inventory Other Current Assets Total Current Assets All Other Assets 2,400 $ 28,000 7,500 6,900 8,000 Accel's Companies Balance Sheet May 31, 2018 and 2017 Liabilities 2017 2018 900 Total Current Liabilities 9,000 Long-term Liabilities 13,900 5,200 Total Liabilities 41,900 8,600 Stockholders' Equity 1,500 Common Stock 11,000 25,200 Retained Earnings 29,900 29,000 Total Equity 40,900 54,200 Total Liabilities and Equity 2017 13,200 10,300 23,500 52,800 30,000 82,800 $ 11,000 19,700 30,700 54,200 Total Assets i Requirements 1. Compute Accel's Companies' current ratio at May 31, 2018 and 2017 2. Did Accel's Companies' current ratio improve, deteriorate, or hold steady during 2018