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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
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 Debt ratio Earnings per Share Now, compute Exotic Travel's current ratio, debt ratio, and earnings per share. (Round all ratios to two decimal places, X.XX.) Current Ratio Debt Ratio Earnings per Share Requirement 2. Compute the three ratios after evaluating the effects of each transaction. Consider each transaction separately. (Round all ratios to two decimal places, X.XX.) (Click on the icon to view the transactions.) Current Ratio a. b. C. d. Debt Ratio Earnings per Share Data table - Cash 18,000 Accounts Receivable, Net 78,000 Merchandise Inventory 187,000 Total Assets 637,000 Accounts Payable 101,000 Accrued Liabilities 35,000 Short-term Notes Payable 49,000 Long-term Liabilities 223,000 Net Income 70,000 Common Shares Outstanding 20,000 shares Print Done
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