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Financial statement data of Exotic Travel Magazine include the following term Click the icon to view the data) 1 Data Table Read the requirements Cash

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Financial statement data of Exotic Travel Magazine include the following term Click the icon to view the data) 1 Data Table Read the requirements Cash $ 34000 Requirement 1. Computo Exotic Trave's current ratio, debt ratio, and earnings per share. Round all cation to two decimal places Begin by selecting the formula for each ratio Accounts Receivable.Net 000 Merchandise Inventory Current ratio Total Asus 540.000 12000 Debt ratio Accounts Payable Accrued as Earnings per Share st Short-term Notes Payable Long-term Labs Net income Common Shares Outstanding 70.000 10000 Print Done BA Choose from any drop-down list and then click Check Answer Clear All 112 GC 817 5 parts remaining E O Type here to search 1 Data Table es. Cash $ 24,000 Accounts Receivable, Net 80,000 Merchandise Inventory 185,000 Total Assets 640,000 Accounts Payable 102,000 Accrued Liabilities 38,000 Short-term Notes Payable 51,000 Long-term Liabilities 226,000 Net Income 70,000 Common Shares Outstanding 40,000 shares 1 Requirements 1. Compute Exotic Travels 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 a. Purchased merchandise inventory of $46,000 on account b. Borrowed $121,000 on a long-term note payable. c. Issued 4,000 shares of common stock, receiving cash of $103,000. d. Received cash on account, $5,000. ding Chec Print Done Done O

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