Financial statement data of Exotic Travel Magazine include the following items: (Click the icon to view the data.) Read the requirements Requirement 1. Compute Exotic Travel's current ratio, debt ratio, and earnings per share. Round all ratios to two decimal places. Begin by selecting the formula for each ratio. Current ratio Total current assets + Total current liabilities Debt ratio Total liabilities. Total assets Earnings per Share (Not Income - Preferred dividends). Weighted average number of common shares outstanding Now, computo Exotic Travel's current ratio, debt ratio, and earnings per share. (Round all ratios to two decimal places, X.XX.) Current Ratio Dobt Ratio Earnings per Share 1.56 0.65 7.40 Requirement 2. Compute the three ration after evaluating the effects of each transaction. Consider each transaction separately. (Round all ratios to two dec (Click on the icon to view the transactions.) Current Ratio Debt Ratio Earnings per Share 0 Data Table * Cash 25,000 Accounts Receivable, Net Merchandise Inventory Total Assets Accounts Payable Accrued Liabilities Short-term Notes Payable Long-term Liabilities Net Income Common Shares Outstanding 84,000 189,000 639,000 101,000 37,000 46,000 222,000 73,000 50,000 shares Print Done Transactions X a. Purchased merchandise inventory of $42,000 on account. b. Borrowed $122,000 on a long-term note payable. c. Issued 5,000 shares of common stock, receiving cash of $103,000. d. Received cash on account, $6,000. Print Done