and all ratios to two decimal places. NS i Data Table Cash $ 21,000 er Accounts receivable, net $ 82,500 Inventories Total assets . tion Short-term notes payable Accounts payable $ 154,900 $ 570,000 $ 48,500 $ 98,000 . $ 43,500 $ 174,800 $ 63,180 54,000 ace Accrued liabilities Long-term liabilities Net income ecim Common shares outstanding Print Done -ansy Financial statement data of Off Road Travel magazine include the following items (dollars in thousands): B Click the icon to view the financial statement data.) Requirements 1. Compute Off Road Travel's current ratio, debt ratio, and earnings per share. Round all ratios to two decimal places 2. Compute the three ratios after evaluating the effect of each transaction that follows. Consider each transaction separately Purchased inventory on account, $38,000 Borrowed $190,000 on a long-term note payable Issued 6,750 shares of common stock, receiving cash of $159,600 Received cash on account, $22,500 b. c. d. Requiremont 1. Compute Off Road Travel's current ratio, debt ratio, and eamings per share. Round all ratios to two decimal places Debt Ratio Earnings per Share Current Ratio Requirement 2. Compute the three ratios after evaluating the effect of each transaction that follows. Consider each transaction separately. a. Purchased inventory on account, $38,000 (Round your answers to two decimal places.) Current Ratio Debt Ratio Earnings per Share b. Borrowed $190,000 on a long-term note payable. (Round your answers to two decimal places.) Current Ratio Debt Ratio Earnings por Share c.Issued 6,750 shares of common stock, receiving cash of $159,600. (Round your answers to two decimal places.) Current Ratio Debt Ratio Earnings per Share d. Received cash on account, $22,500. (Round your answers to two decimal placen.) Current Ratio Debt Ratio Earnings per Share