Financial statement data of Extra Travel magazine include the following items (dollars in thousands): BB (Click the icon to view the financial statement data.) Requirements 1. Compute Extra 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 a. Purchased inventory on account, $47,500 Borrowed $209,000 on a long-term note payable b. C. d. Issued 6,500 shares of common stock, receiving cash of $125,400 Received cash on account, $21,500 Requirement 1. Compute Extra Travel's current ratio, debt ratio, and earnings per share. Round all ratios to two d Current Ratio Debt Ratio Earnings per Share Data table Cash $ 22,000 Accounts receivable, net 82,000 Inventories. $ 162,000 Total assets. $ 627,000 Short-term notes payable. $ 49,000 Accounts payable. $ 103,000 Accrued liabilities $ 38,000 Long-term liabilities $ 186,200 Net income. $ 65,520 Common shares outstanding 52,000 Print Done