shine has 50,000 common shares outstanding during 2018. please help

Shine's Companies, a home improvement store chain, reported the following summarized figures: (Click the icon to view the income statement) (Click the icon to view the balance sheets.) Shine's has 50,000 common shares outstanding during 2018 Read the requirements. Requirement 1. Compute Shine's Companies' current ratio at May 31, 2018 and 2017 Begin by selecting the formula to calculate Shine's Companies' current ratio. Then enter the amounts and calculate the current ratio for 2018 and then 2017. (Round your answers to two decimal places. XXX) Current ratio 2018 2017 Requirement 2. Did Shine's Companies' current ratio improve, deteriorate, or hold steady during 2018? Shine's Companies' current ratio Income statement Shine's Companies Income Statement Years Ended May 31, 2018 and 2017 2018 2017 41.000 $ 38,800 Net Sales Revenue 22.500 23.700 Cost of Goods Sold 300 280 Interest Expense 6.700 7,100 All Other Expenses $ 11,500 $ 7,720 Net Income Balance sheets Shine's Companies Balance Sheet May 31, 2018 and 2017 Liabilities Assets 2018 2017 2018 2017 Cash 29,000 $ 13,300 S 2.200 $ 1,200 Total Current Liabilities 13,800 12,700 Short-term Investments 27,000 10 000 Long-term Liabilities 7,600 42,800 Accounts Receivable 5,500 Total Liabilities 26,000 7,200 Merchandise Inventory Stockholders' Equity 8,200 1,700 11,000 Common Stock 13,000 Other Current Assets 13,000 14,600 34,200 Total Current Assets 55,000 35,000 47,200 27,600 All Other Assets 26,600 Retained Earnings 27,000 Total Equity 53,600 Total Liabilities and Equity $ 90,000 $ $ 90,000 $ 53,600 Total Assets