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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
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 30.000 common shares outstandina durina 2024. Requirement 1. Compute Shine's Companies' current ratio at May 31,2024 and 2023. Begin by selecting the formula to calculate Shine's Companies' current ratio. Then enter the amounts and calculate the current ratio for 2024 and then 2023 . (Round your answers to two decimal places, X.XX.) 1 Balance Sheets Income Statement Requirements 1. Compute Shine's Companies' current ratio at May 31, 2024 and 2023. 2. Did Shine's Companies' current ratio improve, deteriorate, or hold steady during 2024? Low'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.) Low's has 30,000 common shares outstanding during 2024. Requirements
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