Examine the financial data of Glendale Corporation. Show how to compute Glendale's current ratio from $201$ to $203.$ Is the company's $$bility to pay its current liabilities improving or deteriorating?

View the financial data.

Select the labels for the formula used to calculate the current ratio. Then, calculate the current ratio for each year. $($Enter amounts in millions as provided in the problem statement. Round your answers to two decimal places.$)$