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Triumph's Companies, a home improvement store chain, reported the following summarized figures: (Ctick the icon to view the income statement) (Click the icon to view

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Triumph's Companies, a home improvement store chain, reported the following summarized figures: (Ctick the icon to view the income statement) (Click the icon to view the balance sheets.) Triumph's has 20,000 common shares outstanding during 2024. Read the reavirements. Requirement 1. Compute Trumph's Companies' current ratio at May 31, 2024 and 2023. Begin by selecting the formula to calculate Triumph's Companies' current rasa. Then enter the amounts and calculabe the current rato for 2024 and then 2023 . (Round your anawers to two decinal places, XX ) Requirement 2. Did Triumph's Companies' current ratio improve, deteriorate, or hold steady during 2024? Trumphis Companies' current ratio Income Statement Balance Sheets

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