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Requirement 1. Compute Low's Companies' current ratio at May 31, 2018 and 2017 Begin by selecting the formula to calculate Low's Companies' current ratio. Then

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Requirement 1. Compute Low's Companies' current ratio at May 31, 2018 and 2017 Begin by selecting the formula to calculate Low's Companies' current ratio. Then enter the amounts and calculate the current ratio for 2018 and then 2017, (Rou your answers to two decimal places, X.Xx) - Current ratio Income Statement Low's Companies Income Statement Years Ended May 31, 2018 and 2017 2018 2017 Net Sales Revenue Cost of Goods Sold Interest Expense All Other Expenses Net Income 41,600 21,400 280 8,400 11,520 55,400 S 20,800 500 6,900 27,200 S Print Done Requirement 1. Compute Low's Companies' current ratio at May 31, 2018 and 2017 Begin by selecting the formula to calculate Low's Companies' current ratio. Then enter the amounts and calculate the current ratio for 2018 and then 2017, (Rou your answers to two decimal places, X.Xx) - Current ratio Income Statement Low's Companies Income Statement Years Ended May 31, 2018 and 2017 2018 2017 Net Sales Revenue Cost of Goods Sold Interest Expense All Other Expenses Net Income 41,600 21,400 280 8,400 11,520 55,400 S 20,800 500 6,900 27,200 S Print Done

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