Happy Camper Company wants to invest some of its excess cash in trading securities and is considering two investments, The Row Company $($RC$)$ and Beguiling Life Vests $($BLV$).$ The income statement, balance sheet, and other data for both companies follow for $2025$ and $2024,$ as well as selected data for $2023$:

$($Click the icon to view the data.$)$

Read the requirements.

Requirement $1.$ Compute each ratio for both companies for $2025$ and $2024.$ Assume all sales are credit sales. Round all ratios to two decimal places.

a$.$ Current ratio

Begin by selecting the correct formula.

Current ratio