Comment to cha theologiae Chow theme mm Checco to wwwww Ach 40,000 como estanding in 2004 Requirement 1. Come Achieve Gomaricunun May 2004 2003 Baginyecting the formalite Ach Como current ratio. Then and the current 2024 2023 Rund your own Total current Total Cinetrato 2014 Had the following summarized figures: Income Statement Achieve's Companies Income Statement B. (E Years Ended May 31, 2024 and 2023 2024 2023 Net Sales Revenue 43,700 $ 42,000 Cost of Goods Sold 23,300 23,700 Interest Expense 300 280 7.100 All Other Expenses 6,900 Net Income 13,200 $ 10,920 Print Done 1 Balance Sheets Achieve's Companies Balance Sheet May 31, 2024 and 2023 Assets Liabilities 2024 2024 2023 2023 Cash $ 2,200 $ 12,900 12,600 29,000 7,300 25,500 Short-term Investments Accounts Receivable Merchandise inventory Other Current Assets Total Current Assets 7,000 9,000 1,300 Total Current Liabilities $ 24,000 $ 13,600 14,000 Long-term Liabilities 5,300 Total Liabilities 37,600 7,200 Stockholders' Equity 2,400 Common Stock 13.000 36.900 30,200 Retained Earnings 25.000 Total Equity 49,900 55,200 $ 87,500 5 Total Liabilities and Equity 13,000 16.700 54,500 33.000 29.700 All Other Assets $ 87,500 $ 55,200 Total Assets rrent Requirements s Coll Round tal cu 1. Compute Achieve's Companies' current ratio at May 31, 2024 and 2023. 2. Did Achieve's Companies' current ratio improve, deteriorate, or hold steady during 20242 Print Done