Trump's Companies, a home improvement store chain reported the following uredures click the icon to view the income statement) (Click the icon to view the lance sheets Trump's has 100.000 common shares standing during 2018 Read the moviments Requirement 1. Compute Triumph's Companies' current ratio at May 31, 2018 and 2017 Begin by selecting the formula to calculats Triumph's Companies current ratio. Then enter the amounts and calculate the current ratio for 2018 and then 2017. (Round your answers to two decal places, XXX Current 2018 2017 Requirement 2. Did Triumph's Companies current ratio improve, deteriorate, or hold steady during 2018? Trump's Companies current ratio i Income Statement Triumph's Companies Income Statement Years Ended May 31, 2018 and 2017 2018 2017 Net Sales Revenue $ 55,400 $ 50,700 Cost of Goods Sold 27,700 28,600 Interest Expense 500 460 All Other Expenses 6,200 8,400 Net Income 21,000 $ 13,240 Print Done i Balance Sheets Triumph's Companies Balance Sheet May 31, 2018 and 2017 Assets Liabilities 2018 2017 2018 2017 2,500 $ 12,800 10.800 23,600 Cash Short-term Investments Accounts Receivable Merchandise Inventory Other Current Assets Total Current Assets All Other Assets Total Assets 24,000 7,400 7,000 9,000 1.200 Total Current Liabilities $ 25,000 $ 14.000 Long-term Liabilities 13,100 5,300 Total Liabilities 38,100 8,200 Stockholders' Equity 1,800 Common Stock 10,000 30,500 Retained Earnings 33,800 43,800 10,000 23,900 49,900 32,000 27,000 Total Equity 33,900 81,900 $ 57,500 S 81,900 $ 57,500 Total Liabilities and Equity Print Done