Use the Jeryht Bakers Corp. balance sheet data given above.
1. Compute the company's current ratio at December 31, 2017 and 2016.
2. Did Jeryht Bakers Corp.'s current ratio value improve, deteriorate, or hold steady during 2017?

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JERYHT BAKERS CORP Balance Sheet December 31 2017 2016 Cash Short-term investments Accounts receivable Inventory Other current assets Total current assets All other assets Total assets 2017 2016 $ 8.8 $ 7.2 8.3 17.4 15.5 4.8 15.711.8 16.6 24.6 21.0 Total liabilities and equity $38.3 $32.1 $ 2.8 0.4 0.5 $1.6 Total current liabilities 0.5 Long-term liabilities 0.4 Total liabilities 8.0 Common shares 0.6 Retained earnings 8.6 5.2 0.8 13.7 11.1 Total equity 20.9 $38.3 $32.1