Chapter 15 Homework ACC 211-100 Chelse Homework: Chapter 15 Homework Score: 1.78 of 2 pts 14 of 17 (13 complete) S15-6 (similar to) HW Score: 62.569 QL Triumph'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.) Triumph's has 50,000 common shares outstanding during 2018 ster- Read the requirements. Requirement 1. Compute Triumph's Companies' current ratio at May 31, 2018 and 2017 Begin by selecting the formula to calculate Triumph's Companies' current ratio. Then enter the amounts and calculate the current ratio for 2018 and then 2017. (Round you decimal places, X.XX.) Total current assets / Total current liabilities - Current ratio 2018 $ 55,900 / $ 27.000 2.07 2017 $ 29,600 / $ 12,900 2.29 Requirement 2. Did Triumph's Companies' current ratio improve, deteriorate, or hold steady during 2018? Triumph's Companies' current ratio