ST Canyon Canoe Company wants to invest some of its excess cash in trading securities and is considering two investments, The Paddle Company (PC) and Recreational Life Vests (RLV). The income statement, balance sheet, and other data for both companies follow for 2019 and 2018, as well as selected data for 2017: (Click the icon to view the data.) Read the requiremen Requirements Requirement 1. Compute each ratio for both companies for 2019 and 2018. Assume all sales are credit sales. Round all ratios to two decimal places a. Current ratio Begin by selecting the correct formula Current ratio Total current assets Total current liabilities Now, compute the ratio for both companies for both years. (Round your answers to two decimal places, XXX.)) Ratio Current Year 2019 Current 2018 PC RLV