Accel's Companies, a home improvement store chain, reported the following summarized figures: (Click the icon to view the income statement.) ES: (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. (Round your answers to two decimal places, X Current ratio 2018 2017 Requirement 2. Did Accel's Companies' current ratio improve deteriorate, or hold steady during 2018? Accel's Companies' current ratio deteriorated held steady improved Choose from any list or enter any nun Accel's Companies Income Statement May Years Ended May 31, 2018 and 2017 2018 2017 cun your ansu Net Sales Revenue $ 40.600 $ 40.500 Cost of Goods Sold 28,400 30,600 Interest Expense 600 570 4,300 8,200 All Other Expenses det co 7,300 $ 1,130 Net Income Print Done Liabilities Assets 2018 2017 2018 2017 Cash 2.400 S 900 Total Current Liabilities 28.000 $ 13,200 10,300 Short-term Investments 28.000 9,000 Long-term Liabilities 13.900 Accounts Receivable 7.500 5 200 Total Liabilities 41,900 23,500 Merchandise Inventory 6.900 8.600 Stockholders' Equity Other Current Assets 8.000 1.500 Common Stock 11.000 11.000 29.900 Total Current Assets All Other Assets 30.000 25 200 Retained Earnings 29.000 Total Equity 54,200 Total Liabilities and Equity 40.900 30,700 S Total Assets 82.800 $ 82,800 $ 54,200