Aim'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) Aim's has 50,000 common shares outstanding during 2024 Read the requirements Requirement 1. Compute Ain's Companies' current ratio at May 31 2024 and 2023 Begin by selecting the formula to calculate Ain's Companies current ratio Then enter the amounts and calculate the current ratio for 2024 and then 2023 (Round your answers to be decimal places Xxx) Current ummarized figures: i Income Statement -X Aim's Companies Income Statement Years Ended May 31, 2024 and 2023 2024 2023 Net Sales Revenue $ 42.400 $ 42.000 Cost of Goods Sold 20.800 21,400 300 140 Interest Expense All Other Expenses 5.800 7.100 $ 15,500 $ 13,360 Net Income Balance Sheets MIEM Balance Sheet May 31, 2024 and 2023 Liabilities Assets 2024 2023 2024 2023 Cash $ 2.100 $ 12.900 12 600 Short-term Investments 27.000 25,500 Accounts Recevable 7.300 7.000 Merchandise Inventory Other Current Assets 1 800 Total Current Llabilities $ 27,000 $ 12,800 12,000 Long-term Llabilities 5600 Total Liabilities 39,800 6.800 Stockholders' Equity 2.100 Common Stock 10.000 31 600 28,300 Retained Earnings 24.000 41.600 Total Equity 52,300 81.400 $ Total Liabilities and Equity 10,000 10.000 16.800 Total Current Assets 53,400 28 000 26.800 All Other Assets 52.300 81,400 S Total Assets O - Requirements ht your 1. Compute Aim's Companies' current ratio at May 31, 2024 and 2023. 2. Did Aim's Companies' current ratio improve, deteriorate, or hold steady during 2024