PWK Corporation began operations January $1,2022.$ Given the below information for PWK Corporation, calculate the following ratios and identify for each whether or not there has been a year$-$over$-$year improvement or deterioration:

$\backslash$table$[[\backslash$table$[[$PWK Corporation$],[$Balance Sheet$]]],[,2024,2023],[$Cash$,$$$21,000,$$$17,000$

$\backslash$table$[[$Common Shares,$18,000,,18,000],[$Retained Earnings,$44,400,,18,600],[$Shareholders$\text{'}$ Equity,$62,400,,36,600],[$Total Liabilities & Equity,$$149,{400}_{?},,]]$

$($a$)$

Current ratio. $($Round answers to $1$ decimal place, e$.$g$.6\mathrm{.}2.)$

Current ratio

$2024$

$2023$

The Current Ratio has

There has been a year$-$over$-$year